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Rankings are based on 12 common Pillars, based on Executive Surveys ( 70%) and Hard Data ( 30%).
The US ranking is being driven by innovation, business sophistication, market size, financial markets, labor market efficiency and higher education.
The US does not crack Top Ten in any of the Basic Requirement Pillars, institutions, infrastructure, macro economics, health care or primary education.
Since 2007, the US has however, improved healthcare, primary education, higher education and especially technology readiness.
Got to love it when a report comes out saying that Trump has saved America after only 7 or 8 months after being in office. Knowing that he's riding Obama's coattails. Meanwhile all hell is breaking loose every where else in the U.S
The report is for 2016-7, with an emphasis on 2016.
According to the 400 page report, the strength of the US is primarily based on innovation, business sophistication, market size, financial markets, labor market efficiencies and higher education.
Even though the US has demonstrated marked improvements compared to 2007, the US does not make Top Ten as it relates to health, primary edu, institutions, infrastructure and macro economics.
It's rather curious that higher education ( you know, those socialist indoctrination facilities) is viewed as a significant strength while healthcare, although improved since 2007, is a drag.
Not sure the details/ criteria of the all the rankings support the narrative of extreme Trump supporters, especially given the focus is primarily 2016.
As per the article: " The U.S. moved up from third place LAST YEAR. It lost it's financial status during the financial crisis and recession of 07-09 ...........
What caused the great recession? The housing bubble. Read Fortunes article "Goldman Sachs Finally Admits it Defrauded Investors in 2008 crisis.
How many Goldman Sachs executives are in Trumps Cabinet?
Read about how Trump rolled back the Dodd Frank regulations. "The white house should have the ability to fire the head of the Consumer Financial Protection Bureau." Chilling.
Trump did not fix the economy in less then a year. That's a fools dream for the low information crowd. I do however have concerns that we will have another rinse lather and repeat of another great recession due to the corruption and flagrant disregard for the law under this administration.
because eight years ago bush left the country in shambles. once Obama took office there has been steady growth.
Obama inherited a mess. 45 inherited a recovery.
Actually It was not all Bush. It was the Democratic Party who destroyed the housing Market with Freddy MAC /MAC Carter Signed it and Clintons rode the wave. This eventually was going to burst.
Acorn sued Bank of America to change proven Bank Policies and as a result many defaults. This is the reason the drive Mortgages failed on the level as we seen.
Obama did not help really when our GDP was under 1% for almost the first 5 years of Obama.
Proceed with the excuses, deflections, fake news, or other such nonsense...
Before I read the other posts, I'm just gonna say this. It takes 3 to 4 years before you start to see an effect a President or other political leaders have on the nation, or even in a small community. So, with that said, any economical turmoil from 2009 to 2012 would have been the result of the Bush administration, and then it's hard to say what happened from 2012 to 2016, but it would have been Obama's influence, and now, from 2016 to at least 2020, most major economic losses and gains will still because of the result of the Obama administration.
But I hesitate to encourage government to actively influence the economy in any way. The best thing they can do is find more ways to step aside.
Totally agree. I do think we need tax cuts, as our corporate rate is very high, and they just pass the taxes through to the consumer anyway. Also, less deficit spending, government debt, and less needless regulations would be good, but other than that government needs to get out of the way. Trump is addressing regulation, and has dumped a lot, and he is trying to address the tax code.
So, if a recession stops, it can go only 1 way.....which way would that be?
Are you really saying that after the recession stops, everything goes down?
If a recession stops, a recession stops. It can go one of three ways after that happens. It can go up, it can go down, or it can go sideways. If it goes sideways you aren't really getting any recovery. The recession has just ended. If it goes up you have recovery. If it goes back down again, you're in another recession.
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) is viewed as a significant strength while healthcare, although improved since 2007, is a drag. 
