United States Drops to 7th in WEF’s Global Competitiveness Index


“The United States dropped from 3rd place to 10th place since 2000 according to Economic Freedom of the World.  The U.S. also has dropped to 10th place in the Index of Economic Freedom, and is now ranked only as a ‘mostly free’ nation. Some people dismiss these pieces of data because the two rankings are considered to reflect a pro-free market bias.  But the folks at the World Economic Forum surely can’t be pigeonholed as a bunch of libertarians.  The United States took the top spot in the WEF’s Global Competitiveness Index as recently as 2007 and 2008, but has now dropped to 7th place.”


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