Economy

GREAT AGAIN: America Regains Title of ‘World’s Most Competitive Economy’

posted by Hannity Staff - 10.17.18

The United States’ economy continued to roar to life under President Trump and the GOP-controlled Congress this month; officially regaining the title as the ‘World’s most competitive economy.”

The US topped the list for the first time since the ‘Great Recession’ of 2008, according to the World Economic Forum’s Global Competitiveness Report, scoring a whopping 85.6 index out of a possible 100.

“The ranking scores 140 economies on multiple drivers of competitiveness, including institutions and polices that drive productivity. Notably, this year the WEF adjusted its methodology so that its ranking has a better account of an economy’s future competitive advantages, including disruptive businesses and entrepreneurship,” writes Fox Business.

The other top five economies included Singapore, Germany, Switzerland, and Japan.

The strong economic report may spell disaster for Democrats heading into the 2018 midterm elections, with House Minority Leader Nancy Pelosi vowing to repeal the “GOP Tax Scam” should her party retake control of Congress this fall.

Read the full story at Fox Business.