America’s Economy Officially Great Again: US Returns to #1 For First Time Since 2008
While the ebb and flow of our nation’s economy doesn’t always directly reflect the policies of whoever is in the White House, the timing of our return to the #1 spot globally still seems pretty significant.
In 2008, we had the most competitive economy in the world. We also elected one Barak Obama as President that very same year.
It was all downhill from there.
Many liberals may (conveniently) forget just how far the economy had tanked when Trump unveiled his slogan “Make America Great Again”, attributing his desire to see the greatest nation on earth great once again to–what else–white supremacy (?!?!), but his supporters knew what he meant.
And now, it certainly appears that, with POTUS Trump at the helm, America has certainly restored quite a bit of its greatness.
The Daily Wire reports:
The United States returned to the top spot as the most competitive country in the world for the first time since 2008 after it made the second highest overall gain from the previous year’s ranking from the World Economic Forum.
The top five countries were the U.S., Singapore, Germany, Switzerland, and Japan — all of which saw their scores increase in 2017, The Wall Street Journal reported.
We’re not out of the woods yet, and, according to the report, some Trump policies may not necessarily have benefitted our economy so far. But our nation’s strong drive to produce, earn, and thrive is most certainly the driving force behind our return to the top:
“Economic recovery is well underway, with the global economy projected to grow almost 4% in 2018 and 2019,” the report stated, adding that “recovery remains vulnerable to a range of risks and potential shocks.”
The Journal noted that the warning cited “a brewing trade war between the U.S. and China as a possible hindrance to growth that could potentially derail the recovery and deter investment.”
“The report scores countries on how closely they match up to the competitive ideal,” The Journal added. “The U.S. scored 85.6 out of a possible 100. America’s vibrant entrepreneurial culture and its dominance in producing a competitive labor market and nimble financial system ‘are among the several factors that contribute to making the U.S.’ innovation ecosystem one of the best in the world.'”
Trump, as he is wont to do, took some time to note how his accomplishments have benefitted our now-thriving economy:
Well, I don’t know about you, but I’d say it can’t hurt to keep this guy in the White House.