US falls to 5th in global competitiveness, survey shows

Discussion in 'Politics' started by kiwiman127, Sep 7, 2011.

  1. kiwiman127
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    kiwiman127 Comfortably Moderate Supporting Member

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    The U.S. has tumbled further down a global ranking of the world's most competitive economies, landing at fifth place because of its huge deficits and declining public faith in government, a global economic group said Wednesday.

    The announcement by the World Economic Forum was the latest bad news for the Obama administration, which has been struggling to boost the sinking U.S. economy and lower an unemployment rate of more than 9 percent.
    <snip>
    The U.S. was in fourth place last year, after falling from No. 1 in 2008.

    The rankings, which the forum has issued for more than three decades, are based on economic data and a survey of 15,000 business executives.

    The forum praised the U.S. for its productivity, highly sophisticated and innovative companies, excellent universities and flexible labor market. But it also cited "a number of escalating weaknesses" such as rising government debt and declining public faith in political leaders and corporate ethics.

    US drops to 5th place in global competitiveness - Business - Stocks & economy - msnbc.com

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    Well, what a surprise! And all because of our debt, our politicians and corporate ethics! Oh my!
    We can take care of our debt problem if our political leaders could compromise and put country ahead of ideology and thusly raise the public's faith in our political leaders and of course it's going to take ideological changes to rid America of poor ethics by Corporate America!
    Do our ideologies have the balls to address these issues? I think not!


    Thought?
     
    Last edited: Sep 7, 2011
  2. uscitizen
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    uscitizen Senior Member

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    Thought?

    Well that you must be a commie for posting any negative truth about the USA.
    God Bless America!
     
  3. OODA_Loop
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    OODA_Loop Account Terminated

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    Why be competitive ?

    Let the entitilement flow.
     
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  4. editec
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    editec Mr. Forgot-it-All

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    What does this author really mean by competitive?


    Interesting spin on what that word means, I think.

    And by interesting spin I basically mean that it doesn't make sense.
     
  5. rdean
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    rdean rddean

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    Just before the credit downgrade, the blame was placed squarely on Republicans, but they refused to see it.

    The blame here is also placed on the Republicans who fight any regulation that would protect us from predatory companies.

    This article also appeared in Manufacturing Today along side:

    U.S. Drops To 5th In Global Competitiveness

    Drug Firms Stole From U.S. Gov't

    Public faith in government. What faith does the public have in Republicans. The public is only mad at Democrats because Republicans bring down every body and every thing.
     
  6. The T
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    The T George S. Patton Party Supporting Member

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    It's the entire fucking Government's fault hack.
     
  7. Mustang
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    Mustang Gold Member

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    Who's beating us, again?

    1. Switzerland -- Socialist
    2. Singapore -- Communist
    3. Sweden -- Socialist
    4. Finland -- Socialist
     
  8. francoHFW
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    francoHFW Platinum Member

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    Singapore is communist? You ARE clueless...

    Pubs' fault almost totally- cause depression, now paralyzing gov't and fear mongering. And their pals the greedy corporations are hoarding unpatriotic a-holes...Pubs show NO sign of compromise or cooperation..."Un-American" (TIME)
     
    Last edited: Sep 7, 2011
  9. grunt11b
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    grunt11b VIP Member

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    Another addition to Obamas resume. Good job berry!
     
  10. rdean
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    rdean rddean

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    Anytime one American helps another, the Republicans call it "socialism".
     

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