#1 FREE Swing Trading Strategy and Stock Picks for Day Traders
You Can SCAN Stocks, Forex and Futures for 33 Cents a Day? Start Your FREE 30 Day Trial NOW!
MarketClub incl. Chart Portfolio - Smart Scan - Trade School - Streaming Chart Tools - News...
Free Trend Analysis
You Are Here: Home > Articles > Contributors > U.S. Economy Ranks #1 for Competitiveness
U.S. Economy Ranks #1 for Competitiveness
Bad News: However, the United States has built up large macroeconomic imbalances over recent years, with repeated fiscal deficits leading to rising and burgeoning levels of public indebtedness. This indicates that the country is not preparing financially for its future liabilities and is on the road to making interest payments that will increasingly restrict its fiscal policy freedom going into the future.
The three most problematic factors for doing business in the U.S. are 1) tax rates, 2) tax regulations and 3) inefficient government bureaucracy (see bottom chart).
You Are Here:Home > Articles > Contributors > U.S. Economy Ranks #1 for Competitiveness
U.S. Economy Ranks #1 for Competitiveness
Oct 10, 2008
Print
Email
Good News: Despite the financial crisis, the United States continues to be the most competitive economy in the world according to the World Economic Forum's "Global Competitiveness Report 2008-2009." (see top chart above) This is because it is endowed with many structural features that make its economy extremely productive and place it on a strong footing to ride out business cycle shifts and economic shocks. Thus, despite rising concerns about the soundness of the banking sector and other macroeconomic weaknesses, the country’s many other strengths continue to make it a very productive environment. The United States is ranked first for innovation, and its markets support this innovative activity through their efficient allocation of resources to their most effective use.
Bad News: However, the United States has built up large macroeconomic imbalances over recent years, with repeated fiscal deficits leading to rising and burgeoning levels of public indebtedness. This indicates that the country is not preparing financially for its future liabilities and is on the road to making interest payments that will increasingly restrict its fiscal policy freedom going into the future.
The three most problematic factors for doing business in the U.S. are 1) tax rates, 2) tax regulations and 3) inefficient government bureaucracy (see bottom chart).
Rate this article
You Are Here:Home > Articles > Contributors > U.S. Economy Ranks #1 for Competitiveness
Latest Articles
- US Workers Pay Continues to Suffer - First 0.0% Monthly "Growth" I Can Recall
- US Economic Week Ahead: The Calm after the Storm
- Update on 2009 Predictions
- Instead of Adopting Canadian-style Health Care, How About Learning from Its Banking System?
- Stronger Underwriting, Bigger Down Payments
- These Will Confirm
- Employment Situation: Job Anti-Growth - A Decade with Zero Net Added Jobs. 131 Million Nonfarm Payroll Employment in June of 2000. 131 Million Nonfarm Payroll Employment in June of 2009. 6,460,000 job losses since start of Recession.
- MrSwing Lite - Swing Trading Picks - 07-03-2009
- Head and Shoulders and Divergences on Daily SP500
- Athletes and Their Agents Don't Set Ticket Prices
- The Great Mancession of 2008-2009 Continues As A New Jobless Rate Gender Gap is Set in June
- Back to the Stimulus Debate: W, Timing, the States, and Baselines
-
Education
- Intro to Swing Trading
- Technical Analysis
-
Signals & Software
- SwingTracker
- Stock Scan PRO
-
Free Services
- Stock Charts
- Messenger
