The State Economic Freedom Index

Colorado ranks number two among U.S. states on the Pacific Research Institute's "economic freedom index". The study gave Colorado five stars in "regulatory", "government size" and "welfare" categories, and four stars in "fiscal" and "judicial" categories.

The Wall Street Journal reaction shows just how out of touch its editors are with what is going on here in Colorado:

[T]he states that embraced supply-side tax cuts are not only financially more sound and enjoy stronger economies, but they are draining residents away from the states that opted for high taxes.

Apparantly the WSJ isn't familiar with the fact that Colorado's supply-side tax cuts have brought a fiscal crisis with the state with it, that its universities are shedding Nobel Laureates like Carl Wieman to better endowed institutions, that its foreclosure rate is the highest in the nation and that a quarter of the families in the state aren't able to pay their utility bills on time.