Continued free market policies keep US at the global economy's peak

The S&P 500 hit a low of 677 on 9 March 2009 but has since recovered strongly.

It reached 940 on 17 July, a rise of 39% since its nadir. The US is the world’s economy, and by quite a considerable margin. It only accounts for just over 5% of the world’s population, but over 25% of world GDP. It is, and will continue to be for decades, the global economic powerhouse. It has reached this position through pursuing free market policies. Relative to the other major emerged nations, government intervention in the US business community has been minimal. This provides for free and efficient labour markets and is one of the reasons why US unemployment has run at around half ...