Skip to comments.World Economists Confirm America's Decline Under Obama
Posted on 10/15/2012 8:01:29 PM PDT by iowamark
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 ...
The US has now fallen to 7th place:
Here it is Romney.
Served on a plate right before your debate.
Use it or you will lose it !
Add this Romney!
Great article! Thanks!
George Mason University has an excellent Economics Department too!
He’s a communist I mean community organizer. What did you expect..
Signs say "Tax the % Rich.... Welfare for the 99%"
Try to imagine a society where 99% are on welfare. Oh wait, they just have to go to North Korea for that. Of course with nobody able to pay into it, there isn't any "welfare" left for the 99%!
Use it and repeat it until it sticks. Repetition works! It’ll force the MSM to confirm it.
Romney, remind the dumbed down viewers of the highest corporate tax rate in the world, and of gasoline prices, and the pipeline that went to China!
seems like it
If Candy can throw the race to Obama, it's gonna get a lot worse.