U.S. Is World’s Most Competitive Economy for First Time in a Decade
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Re: U.S. Is World’s Most Competitive Economy for First Time in a Decade
#2The content of this article is based on the 2018 The Global Competitiveness Report which you can find here: http://www3.weforum.org/docs/GCR2018/05FullReport/TheGlobalC...
Re: U.S. Is World’s Most Competitive Economy for First Time in a Decade
#3Re: U.S. Is World’s Most Competitive Economy for First Time in a Decade
#4The content of this article is based on the 2018 The Global Competitiveness Report which you can find here: http://www3.weforum.org/docs/GCR2018/05FullReport/TheGlobalC...
So there's a handy table in that document that shows all the rankings and notes that the US position hasn't moved in the past year, how is this article even a thing?
Re: U.S. Is World’s Most Competitive Economy for First Time in a Decade
#5That economic growth came at a pretty severe cost though.
The budget deficit blew out by 17% in 2018 as a result of the tax cuts.
Re: U.S. Is World’s Most Competitive Economy for First Time in a Decade
#6That economic growth came at a pretty severe cost though. The budget deficit blew out by 17% in 2018 as a result of the tax cuts.
Look at relative debt to GDP ratio rather than absolute numbers.
Re: U.S. Is World’s Most Competitive Economy for First Time in a Decade
#7That economic growth came at a pretty severe cost though. The budget deficit blew out by 17% in 2018 as a result of the tax cuts.
I wonder who will be left to pay for the deficit when all is said and done?
Re: U.S. Is World’s Most Competitive Economy for First Time in a Decade
#8That economic growth came at a pretty severe cost though. The budget deficit blew out by 17% in 2018 as a result of the tax cuts.
I wonder who will be left to pay for the deficit when all is said and done?
There is news about this today.
McConnell is demanding that the Democrats work with Republicans to cut entitlement programs.
Even though they control all three branches and are the ones who passed the very expensive tax cuts.
Re: U.S. Is World’s Most Competitive Economy for First Time in a Decade
#9Meanwhile, household debt is at it's all-time high, $13.3 trillion... surpassing its previous peak in 2008. https://www.newyorkfed.org/microeconomics/hhdc.html
This article seems like fluff/propaganda.
Re: U.S. Is World’s Most Competitive Economy for First Time in a Decade
#10Earlier quoted context omitted.
I wonder who will be left to pay for the deficit when all is said and done?
There is news about this today. McConnell is demanding that the Democrats work with Republicans to cut entitlement programs. Even though they control all three branches and are the ones who passed the very expensive tax cuts.
I mean... no one should be surprised by this at all... unless you've had your head under a rock for quite some time.