Wednesday, May 30, 2018

2018‘s Most Competitive Nation: the U.S.

The Investor’s Business Daily tends to be pro-Trump. With that caveat, see how IBD describes a report of annual competitiveness rankings.
The report comes from the IMD Competitiveness Center in Switzerland. Each year it ranks countries by 256 different variables to come up with its global competitiveness rankings.

For 2018, there was a surprise: The U.S. leapt three places to take over the top spot in global competitiveness — just ahead of Hong Kong, Singapore, the Netherlands and Switzerland. That jump was based on its "strength in economic performance and infrastructure," ranking first in both areas.
IBD concludes the naysayers were wrong and the President was right about what is good for the economy. Even Democrats have to admit the economy is booming, although they assign the credit elsewhere.

COTTonLINE concludes if the 2018 midterm election is a referendum on pocketbook issues, the GOP will do well.