Posted on 10/16/2018 4:11:18 PM PDT by mandaladon
The U.S. is back on top as the most competitive country in the world, regaining the No. 1 spot for the first time since 2008 in an index produced by the World Economic Forum, which said the country could still do better on social issues.
America climbed one place in the rankings of 140 countries, with the top five rounded out by Singapore, Germany, Switzerland and Japan. All five countries’ scores rose from 2017, with the U.S. notching the second-biggest gain after Japan’s.
The top spot hasn’t gone to the U.S. since the financial crisis stalled output and triggered a global economic slowdown.
“Economic recovery is well underway, with the global economy projected to grow almost 4% in 2018 and 2019,” said the report, published Tuesday by the organization that produces the Davos conference on global politics and economics.
However, “recovery remains vulnerable to a range of risks and potential shocks,” the authors warned. They cite a brewing trade war between the U.S. and China as a possible hindrance to growth that could potentially derail the recovery and deter investment. The U.S. has levied tariffs on a total of $250 billion of Chinese goods and China has retaliated with tariffs on $110 billion of U.S. exports as the two nations spar over trade imbalances and other issues.
(Excerpt) Read more at wsj.com ...
Great rant on the big orange meanie
This had to be done first, before shutting off Chinese imports. This way, domestic producers can capture more of the business.
Now the US economy is ready, with competitive tax rates, easier regulations, and enough early warning to give business leaders time to prepare.
The back doors to communist Chinese suppliers - NAFTA, the EU, Japan and Korea - had to be controlled with new trade deals.
Now the conditions are set, and the tarrifs are rolling out onto the communists. Next year, the re-shoring of the supply chain starts in earnest. It will likely happen faster than it went offshore, because of the sudden, shocking tarrifs (25%).
MAGA!
Which, of course, means Maxine Waters and the Democrats have to.....
PEACH FOWTY FIFE!!!
Anyone who votes Democrat has to be incredibly-stupid.
(yeah, we already knew that)
Gosh, who came to office in 2008?
Oh.
January 20, 2009, actually.
;)
And yes, the worst parts of 2008 rolled right on, under the Kenyan Usurper.
Trump’s fault.
No shiite !
Lowest unemployment since I was born. 1969
And these are LIBSthat have to report it !
George W Bush left office a decade ago.
[George W Bush left office a decade ago.]
Sigh.
Does no one understand dates and 10 years?
America is still business unfriendly. There is a lot more we could do.
Imagine if the Democrats didn’t obstruct everything the President tries to do and actually, I don’t know, were cooperative.
Just kidding. We know they’ll never do that.
Social issues do affect the economy. Ask Sodom and Gamorrah.
But we’re fighting hard on that front too. It’s just that the left has a lot of energy to fight back on that one. We are ‘at war’ with tens of millions of fired up hormonal animalistic creatures. They fail to understand the spiritual side of romance.
FRegards ....
0bungo the Kenyan takes credit for every positive action of others but refuses to own his own devastation
I just posted this on Facebook. We’ll see what happens.
It’s too bad HRC wasn’t elected. Then we’d be number one with a bullet!
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