“There is … continuing concern about the macro-economic environment, continuing debt levels – the inability to get the spending under control and really political deadlock about how to even deal with this issue,”
Economy and Finance
US Drops Lower On Global Competitiveness List
The annual World economic Forum yearly report has placed the US at 7th on the global competitiveness list against the 5th place it scored a year ago. The report said:
“There is … continuing concern about the macro-economic environment, continuing debt levels – the inability to get the spending under control and really political deadlock about how to even deal with this issue… leading to concern about political institutions in general,” and “inefficient government bureaucracy.In addition to the burgeoning macroeconomic vulnerabilities, some aspects of the country’s [United States] institutional environment continue to raise concern among business leaders, particularly the low public trust in politicians and a perceived lack of government efficiency…So, the business sector has concerns about its confidence in politicians to make the sorts of decisions that are needed going forward.”
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Contributed by Chris Carrington of The Daily Sheeple.
Chris Carrington is a writer, researcher and lecturer with a background in science, technology and environmental studies. Chris is an editor for The Daily Sheeple. Wake the flock up!
