In 8 Years Obama Never Got US #1 World Economic Ranking. Only Took Trump 2 Years
Are you tired of winning, yet? More good news popped up in a Reuters report on the international economic stage.
According to the news service, “The U.S. economy sits atop of the World Economic Forum’s annual global competitiveness survey for the first time since the 2007-2009 financial crisis, benefiting from a new ranking methodology this year.”
A “new ranking methodology” — not maybe a new man in the White House. Does it appear that President Donald Trump is not being given any credit?
You’d be right if you thought so. The World Economic Forum said that “it was too early to factor in how the Trump administration’s recent trade policies would affect its ranking.”
That aside, what the forum did credit was something some would say is directly because of Trump’s policies.
As Reuters reported: The “WEF said the U.S. is the country closest to the ‘frontier of competitiveness,’ an indicator that ranks competitive productivity using a scale from zero to 100.”
The United States scored an impressive 85.6 out of 100 .This left “Singapore, Germany, Switzerland and Japan,” among others, to eat our dust.
And what about those “methodology” changes that benefited the United States with ranking?
Reuters explains, “This year the WEF changed its methodology to better account for future readiness for competition, such as a country’s idea generation, entrepreneurial culture, and the number of businesses that disrupt existing markets.”
The last time the U.S. was the leader of the pack was in 2008. Barack Obama was sworn into the presidency in January 2009. From there it was all downhill.
That is, until Trump took office and started implementing his “Make America Great Again” agenda. It would seem that campaign promise continues to be kept over and over again.
This pattern of positive benefits for the nation following a new president undoing, or correcting, what his predecessor did, is familiar to Americans of a certain age.
Republican President Ronald Reagan did the same kind of thing in the 1980s after Democratic President Jimmy Carter’s disastrous run in the 1970s. Human Events wrote in 2011 that “Reagan inherited a misery index (the sum of the inflation and unemployment rates) of 19.99%, and when he left office it had dropped to 9.72%.”
This was accomplished, at least in part, to some of the same strategies Trump has utilized. They included “across-the-board tax cuts, deregulation, and domestic spending restraint (that) helped fuel an economic boom that lasted two decades.”
Also like Trump, Reagan made progress on the nuclear weapons threat front by getting tough with adversaries first. As Human Events recorded: The “Intermediate-Range Nuclear Forces (INF) treaty he signed with Soviet leader Mikhail Gorbachev eliminated an entire class of nuclear weapons. He also laid the framework with Gorbachev for the Strategic Arms Reduction Treaty (START), which reduced both countries’ arsenals of nuclear weapons.”
Trump’s policies, like Reagan’s, continue to have a positive impact across the board for Americans. Some on Twitter have been noticing it, too.
“Booming U.S. economy may be the ‘strongest since 1999’” Read more as former @FederalReserve governor discusses a thriving economy thanks to benefits from the #taxcutsandjobsact👇https://t.co/DtesqGQxfQ
— Senate Republicans (@SenateGOP) October 9, 2018
400% percent increase in black business start-ups.
Record low unemployment.Against all odds, @realDonaldTrump has taken a stand for the black community.
It’s time for us to raise up and defend him against the RACIST left. https://t.co/Jy2OHehdjd
— Candace Owens (@RealCandaceO) October 14, 2018
US GDP revised up to 4.2%, 2Q economic growth improves https://t.co/1ieLWLnGsF
— FOX Business (@FoxBusiness) August 30, 2018
For years, pragmatists in American politics have argued the country needed an outsider and/or a businessman to take the reins and lead it back into prosperity. They were right.
Common sense, generally necessary for business success, is paving the way for all Americans once again to achieve “The American Dream.”
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