World Economists Confirm America's Decline Under Obama

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

  1. Matthew
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    Matthew Blue dog all the way!

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    World Economists Confirm America's Decline Under Obama
    Forbes ^ | 9/04/21012 | Paul R. Gregory


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


    Welcome to Forbes
     
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  2. OKTexas
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    OKTexas New Life Member of the NRA 12/15 Supporting Member

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    Earth shattering news, dead people already know this, it's only the zombies that doubt it.
     
  3. Matthew
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    Matthew Blue dog all the way!

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    “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
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    Matthew Blue dog all the way!

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  5. lukelk
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    lukelk VIP Member

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    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
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    Cecilie1200 Gold Member

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    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?
     
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  7. Matthew
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    Matthew Blue dog all the way!

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    Nice,

    Wouldn't surprise me if we're not even in the top 10 if Obama is reelected.
     
  8. Matthew
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    Matthew Blue dog all the way!

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    This is what decline really looks like. :(
     
  9. hazlnut
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    hazlnut Gold Member

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    The link doesn't got to the story.
     
  10. Matthew
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    Matthew Blue dog all the way!

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