Wednesday, September 12, 2012

U.S. Slips from No. 1 to No.7 in global economic rankings

So says a new report from the World Economic Forum  which found the U.S. slipping in dozens of areas compared with just a few years ago. Perhaps most troubling is the conclusion that since 2008, the United States has slid from No. 1 in the world in "global competitiveness" to No. 7 this year.

Out-ranking America are: Switzerland, Singapore, Finland, Sweden, the Netherlands and Germany.

Sure, it's just a number. But the WEF's ranking takes into account a broad range of factors, from debt to corruption to regulation to red tape to education to health care.

And virtually across the board, the U.S. is falling behind.
Read the rest of the story HERE.

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1 comment:

Bob said...

Here's another reason to retire Obamaa. He's turning us into a Banana Republic.