World Economists Confirm America's Decline Under Obama

Discussion in 'Politics' started by Matthew, Oct 15, 2012.

  1. Matthew
    Offline

    Matthew Blue dog all the way!

    Joined:
    Mar 16, 2010
    Messages:
    52,503
    Thanks Received:
    4,992
    Trophy Points:
    1,885
    Location:
    Portland Oregon
    Ratings:
    +17,670
    World Economists Confirm America's Decline Under Obama
    Forbes ^ | 9/04/21012 | Paul R. Gregory


    (Excerpt) Read more at forbes.com ...


    Welcome to Forbes
     
    • Thank You! Thank You! x 2
  2. OKTexas
    Offline

    OKTexas Gold Member Supporting Member

    Joined:
    Sep 13, 2012
    Messages:
    27,560
    Thanks Received:
    4,259
    Trophy Points:
    290
    Location:
    Near Magnolia, TX
    Ratings:
    +14,074
    Earth shattering news, dead people already know this, it's only the zombies that doubt it.
     
  3. Matthew
    Offline

    Matthew Blue dog all the way!

    Joined:
    Mar 16, 2010
    Messages:
    52,503
    Thanks Received:
    4,992
    Trophy Points:
    1,885
    Location:
    Portland Oregon
    Ratings:
    +17,670
    “While many structural features continue to make its economy extremely productive, a number of escalating weaknesses have lowered the US ranking in recent years. US companies are highly sophisticated and innovative, supported by an excellent university system…… On the other hand, there are some weaknesses …..that have deepened since past assessments. The business community continues to be critical toward public and private institutions (39th)…. it remains concerned about the government’s ability to maintain arms-length relationships with the private sector (50th), and it considers that the government spends its resources relatively wastefully (66th)…. and regulation more burdensome (58th). A lack of macroeconomic stability continues to be the United States’ greatest area of weakness (90th).”

    While the efficiency and innovation of American business remain highly ranked, at third and fifth respectively, our public and private institutions’ score (36) ranks us with Ireland, Spain, and Israel; our arms-length ranking (50) is matched by Ethiopia, Poland, and Jordan; our government-waste (66) equals Azerbaijan, Iran, and South Africa; and our regulatory-burden (39) ties with eight countries that include Panama, Trinidad, Mali, Ireland, and El Salvador.

    The 2010-2011 GCI report warns that our lack of macroeconomic stability will “likely weigh heavily on the country’s future growth.” The U.S.’s government-deficit ranking (139) is matched by Greece, Botswana and Swaziland. (No surprise that the Europeans did not want to be lectured by Timothy Geithner).
     
  4. Matthew
    Offline

    Matthew Blue dog all the way!

    Joined:
    Mar 16, 2010
    Messages:
    52,503
    Thanks Received:
    4,992
    Trophy Points:
    1,885
    Location:
    Portland Oregon
    Ratings:
    +17,670
  5. lukelk
    Offline

    lukelk VIP Member

    Joined:
    Jul 26, 2012
    Messages:
    1,191
    Thanks Received:
    109
    Trophy Points:
    83
    Ratings:
    +109
    first of forbes is NOT and i repeat NOT repsentitive of the world when it comes to economics. furthurmore places like the oxford research group(england) would not agree with that article. also MANY groups that study economics groups in; Brazil, Japan, Sudan, Germany, Sweeden ALL have picked apart both Obama and Romney policy, guess who they side with, Obama........
     
  6. Cecilie1200
    Offline

    Cecilie1200 Gold Member

    Joined:
    Nov 15, 2008
    Messages:
    27,837
    Thanks Received:
    3,875
    Trophy Points:
    280
    Ratings:
    +7,732
    wow. you didn't bother to read the article at all, did you? just a kneejerk rejection of the source because it's saying something you don't like. how about you give us an argument against the GCI, which is what the article and the thread are actually about?
     
    • Thank You! Thank You! x 1
  7. Matthew
    Offline

    Matthew Blue dog all the way!

    Joined:
    Mar 16, 2010
    Messages:
    52,503
    Thanks Received:
    4,992
    Trophy Points:
    1,885
    Location:
    Portland Oregon
    Ratings:
    +17,670
    Nice,

    Wouldn't surprise me if we're not even in the top 10 if Obama is reelected.
     
  8. Matthew
    Offline

    Matthew Blue dog all the way!

    Joined:
    Mar 16, 2010
    Messages:
    52,503
    Thanks Received:
    4,992
    Trophy Points:
    1,885
    Location:
    Portland Oregon
    Ratings:
    +17,670
    This is what decline really looks like. :(
     
  9. hazlnut
    Offline

    hazlnut Gold Member

    Joined:
    Sep 18, 2012
    Messages:
    10,506
    Thanks Received:
    1,649
    Trophy Points:
    245
    Location:
    Chicago
    Ratings:
    +4,575

    The link doesn't got to the story.
     
  10. Matthew
    Offline

    Matthew Blue dog all the way!

    Joined:
    Mar 16, 2010
    Messages:
    52,503
    Thanks Received:
    4,992
    Trophy Points:
    1,885
    Location:
    Portland Oregon
    Ratings:
    +17,670

Share This Page