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U.S. voters are being barraged by claims and counter claims of how many jobs were lost or created under the Obama administration... This partisan din kicks up a huge cloud of dust as self-appointed independent fact checkers and nonpartisan think tanks contradict each other. Large numbers of economists, some prominent and others less so, line up on both sides. Pity the harried undecided voters in search of non-partisan information.
American voters could well look above our political fray to the World Economic Forums Global Competitiveness Index (GCI). Every year starting in 2004, the GCI ranks the world economies by their competitiveness, defined as the set of institutions, policies, and factors that determine the level of productivity of a country, which, in turn, determines the level of prosperity that can be earned by an economy.
Throughout most of its short history, the GCI ranked the United States first or second. At times, Switzerland, Finland, Singapore, Denmark, and Finland have given the U.S. a run for its money...
When George Bush passed the baton to Barrack Obama in January of 2009, the 2008-2009 edition of the GCI ranked the U.S. number one as it had since 2006-2007.
The 2008-2009 report gave the U.S. top ranking despite its ongoing financial crisis and shaky banking system because the country is endowed with many structural features that make its economy extremely productive and that place it on a footing to ride out the business cycle and economic shocks. ...
Contrary to this upbeat assessment, America experienced the worst economic recovery of postwar history under the Obama administration.
Fast forward now to the 2011-2012 GCI reports explanation of why the mighty U.S. fell from first to fifth place during the three years of Obama:
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........
World Economists Confirm America's Decline Under Obama
Forbes ^ | 9/04/21012 | Paul R. Gregory
U.S. voters are being barraged by claims and counter claims of how many jobs were lost or created under the Obama administration... This partisan din kicks up a huge cloud of dust as self-appointed independent fact checkers and nonpartisan think tanks contradict each other. Large numbers of economists, some prominent and others less so, line up on both sides. Pity the harried undecided voters in search of non-partisan information.
American voters could well look above our political fray to the World Economic Forums Global Competitiveness Index (GCI). Every year starting in 2004, the GCI ranks the world economies by their competitiveness, defined as the set of institutions, policies, and factors that determine the level of productivity of a country, which, in turn, determines the level of prosperity that can be earned by an economy.
Throughout most of its short history, the GCI ranked the United States first or second. At times, Switzerland, Finland, Singapore, Denmark, and Finland have given the U.S. a run for its money...
When George Bush passed the baton to Barrack Obama in January of 2009, the 2008-2009 edition of the GCI ranked the U.S. number one as it had since 2006-2007.
The 2008-2009 report gave the U.S. top ranking despite its ongoing financial crisis and shaky banking system because the country is endowed with many structural features that make its economy extremely productive and that place it on a footing to ride out the business cycle and economic shocks. ...
Contrary to this upbeat assessment, America experienced the worst economic recovery of postwar history under the Obama administration.
Fast forward now to the 2011-2012 GCI reports explanation of why the mighty U.S. fell from first to fifth place during the three years of Obama:
(Excerpt) Read more at forbes.com ...
Welcome to Forbes
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........
A good reason not to elect Obama is right here. Who the fuck knows how far he wants to bring us down.
The snake.
Paul Gregory is leaving out an important part of this story.World Economists Confirm America's Decline Under Obama
Forbes ^ | 9/04/21012 | Paul R. Gregory
The declining competitiveness of the USA is a direct result of this global crisis. One could fault Clinton as much as Bush for banking deregulation, but not Obama.Inside Job is a 2010 documentary film about the late-2000s financial crisis directed by Charles H. Ferguson. The film is described by Ferguson as being about "the systemic corruption of the United States by the financial services industry and the consequences of that systemic corruption."[3] In five parts, the film explores how changes in the policy environment and banking practices helped create the financial crisis.
Inside Job was well received by film critics who praised its pacing, research, and exposition of complex material. The film was screened at the 2010 Cannes Film Festival in May and won the 2010 Academy Award for Best Documentary Feature.
The documentary is split into five parts. It begins by examining how Iceland was highly deregulated in 2000 and the privatization of its banks. When Lehman Brothers went bankrupt and AIG collapsed, Iceland and the rest of the world went into a global recession.
One could fault Clinton as much as Bush for banking deregulation, but not Obama.
Partisans on high horses always have their feet far from the ground.
Michael Moore won awards for his movies of lies too.
