It’s a measure of global competitiveness, or a Freddie Mercury Happy Christmas Tree Shirt county’s ability to compete in a global marketplace. It’s formulated from a mix of hard data and survey results from executives within each economy. If you dig into the details of the report, you find that the overall ranking is a combination of actual economic results. Various economic indicators that might predict future results, and a bunch of opinion surveys of world CEOs and CFOs. The US has fallen from to in actual economic results Canada is. But the idea of ramping up your business in the US is pretty horrifying if you’re not already an American company.
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Because your workers don’t get reasonable access to medical care. The police are insane and killing black people, the government has largely lost its mind. And you can set Freddie Mercury Happy Christmas Tree Shirt fire to the water in a lot of places. Or at least, that’s what you read in the papers if you’re the CEO. Of some comfortable Dutch or Swedish company wondering where in the world to locate its next factory. You don’t read those things about Canada, partly because some of them aren’t true. But mostly because you just don’t generally hear about Canada at all. In a race to the bottom, standing still is winning.
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