IMD - Trade Wars bad - Thanks Donny

Voodoo_Child906

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Wow the USA has dropped 7 spots from last year! Hope Donny reconsiders some of his trade wars.

https://www.imd.org/news/updates/IMD-2020-World-Competitiveness-Ranking-revealed/

"For the second year in a row, the USA failed to fight back having been toppled from its number one spot last year by Singapore, and coming in at 10th (3rd in 2019). Trade wars have damaged both China and the USA’s economies, reversing their positive growth trajectories. China this year dropped to 20th position from 14th last year."

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We jumped 5 spots with Trudy leading us. We'd crack top 5 if we had a halfway normal PS.
 
LOL at the countries ahead of us. Literally.


Get used to it, this is gonna be a long fight.
 
Isn't it interesting how almost all of the countries manage to provide universal healthcare, tuition free education and robust welfare systems while still being more financially competitive than the US? Literally all Scandinavian countries are ahead. It's almost like the "socialism/communism" narrative isn't accurate....
 
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Wow the USA has dropped 7 spots from last year! Hope Donny reconsiders some of his trade wars.

https://www.imd.org/news/updates/IMD-2020-World-Competitiveness-Ranking-revealed/

"For the second year in a row, the USA failed to fight back having been toppled from its number one spot last year by Singapore, and coming in at 10th (3rd in 2019). Trade wars have damaged both China and the USA’s economies, reversing their positive growth trajectories. China this year dropped to 20th position from 14th last year."

5ef3794d250000d731eb3f25.jpeg



tenor.gif


We are still ahead of China!

But curious, what does this story you posted actually mean??? World competitiveness rating? Why should we be chasing #1?

I mean, we have less unemployment now than with obama and better market and etc....but we were higher on this marker you posted?

SO IN SHORT WHY SHOULD I GIVE A FUCK MORE ABOUT THIS THAN THE HUGE SUCCESS WE ARE HAVING WITH LOW UNEMPLOYMENT AND STRONG MARKET THAT WE DID NOT HAVE WITH OBAMA???
 
We are still ahead of China!

But curious, what does this story you posted actually mean??? World competitiveness rating? Why should we be chasing #1?

I mean, we have less unemployment now than with obama and better market and etc....but we were higher on this marker you posted?

SO IN SHORT WHY SHOULD I GIVE A FUCK MORE ABOUT THIS THAN THE HUGE SUCCESS WE ARE HAVING WITH LOW UNEMPLOYMENT AND STRONG MARKET THAT WE DID NOT HAVE WITH OBAMA???

Oh Mr. CAPS how scary LOL! This America's worst performance in a ranking that we have dominated for years. According to their metrics trade wars so far have hurt our economic growth outlook for the future.

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Wow the USA has dropped 7 spots from last year! Hope Donny reconsiders some of his trade wars.

https://www.imd.org/news/updates/IMD-2020-World-Competitiveness-Ranking-revealed/

"For the second year in a row, the USA failed to fight back having been toppled from its number one spot last year by Singapore, and coming in at 10th (3rd in 2019). Trade wars have damaged both China and the USA’s economies, reversing their positive growth trajectories. China this year dropped to 20th position from 14th last year."

5ef3794d250000d731eb3f25.jpeg



tenor.gif


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Isn’t this list just basically someone’s opinion based on their preferred policies, rather than a tangible rating looking at results?
 
His main flaw is simply not understanding the basics of international trade.
 
His main flaw is simply not understanding the basics of international trade.

Flaw?

Some people prescribe the belief that "ignorance is bliss"...

if you don't know how it works then you don't really have to worry about it!.
 
Well, nobody really trusts the US anymore since that crazy guy became president. You can't just cancel all kinds of agreements, behave as erratic as he has and expect no consequences.

The stuff he says is excellent for ratings, but a presidency is not exactly a TV show.
 
We are still ahead of China!

But curious, what does this story you posted actually mean??? World competitiveness rating? Why should we be chasing #1?

I mean, we have less unemployment now than with obama and better market and etc....but we were higher on this marker you posted?

SO IN SHORT WHY SHOULD I GIVE A FUCK MORE ABOUT THIS THAN THE HUGE SUCCESS WE ARE HAVING WITH LOW UNEMPLOYMENT AND STRONG MARKET THAT WE DID NOT HAVE WITH OBAMA???

Would you mind detailing to me exactly what policies and or measures Trump put forth that resulted in this 'greatly improved economy from Obama' you keep shouting about? Because from where I sit, the economy is simply the result of continuing trends that were started by Obama after the last Republican president fucked everything up.

On a graph of any economic metric, the period before Trump took office is virtually indistinguishable from the period since.

Its as if you want to come into the game with 10 minutes left in the fourth quarter, your team is already ahead, and you're like, 'I won this game.'
 
It was mainly deregulation. Trump deregulated faster than Reagan.

Trump ahead of Reagan's record in cutting regulations
https://www.washingtonexaminer.com/trump-ahead-of-reagans-record-in-cutting-regulations

Trump has the numbers. Not Obama.Deal with it.

So can you point to me where and when exactly the spikes in economic growth occurred? How come all the graphs show a steady increase, virtually the same as during Obama's tenure? Surely if all this deregulation is as good as you say it is, it should be represented by the data. Somehow I must of missed all of those spikes in growth. Can you point them out for me?
 
Is this even comparable between America and a bunch of sub-10 million people countries? Or is it apples and oranges?
 
He's better than anything the PCs had to offer.

Thats a big statement that I aint arguing here, but I would say not sure if we fully understand the damage Trudy has done to our country.
 
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