U.S. competitiveness The U.S. has for the first time in over three decades dropped out of the top five of the world's most competitive economies, according to rankings compiled by the IMD business school in Switzerland. Two years ago it was at #1; now it's at #10. Why? The drop is largely due to President Trump's trade policies, which have made the U.S. economy less open while also massively increasing public expenditure, thanks to things like the agriculture bailout necessitated by the trade war with China. Fortune
Of course it didn't make it in time for the current survey but paying people on unemployment more than they make working is not going to make the US more competitive.
Paying them to work on less than they could get on unemployment isn't either. People are going to accept that shit long term? Guess there's enough idiots in the US. Unionize!