[Vision2020] US drops in World Competitive List

[nickgier at adelphia.net]

Greetings:

The really nice thing about web based texts is that you can edit them and add new stuff.

To continue the debate on the US economy, BBC News just released the new Global Competiveness Index, published by the World Economic Forum.

Primary because of its large budget and trade deficits, the US has dropped from first to sixth among the world's most competitive economies.  Significantly, 7 of the ten top competitive countries are European welfare states with highly unionized workforces.  Their educational systems, highly centralized and unionized, also outperform ours.  

The World Economic Forum praised the Europeans for "their competent economic stewardship, investment in higher education, and emphasis on technological development and innovation" (BBC News, 9/26/06).

Please note that this is "Old" Europe not "New" Europe, whose leaders we convinced were good locations (Poland and Romania) for our secret CIA prisons.  The CIA flew illegally over Old Europe to place their prisoners there.

Nick Gier