In the The Global Competitiveness Report 2009-2010 published by the World Economic Forum, the USA fell to number two position from first last year.The report attributes this fall to the weakening financial markets and macroeconomic stability. Switzerland topped the rankings this year.Similar to US, the UK also fell one position to 13th place this year. …
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The U.S. celebrates Labor Day on the first Monday of September(today) while for the rest of the world Labor Day is on May 1st. Labor Day was declared to celebrate the economic and social achievements of workers. In the U.S. job losses totaled 2.6 million in 2008.Most of the job losses were in the private …
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How does the U.S. Health Care system compare with other countries?.In order to answer this question I created five charts that are listed below. This article is an update to “A Comparison of U.S. Health Care Spending with Other OECD Countries ” I wrote back in July. 1.Total Expenditure on Health per Capita in USA …
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The White House projected that the sharply rising U.S. government deficit could reach $9.05 Trillion over the next decade. In February, after Mr.Obama became President, the projection was around $7 Trillion. Mr.Obama inherited a gaping budget deficit from the previous Bush administration due to tax cuts. “Still, the deficit, stemming mostly from aid to the …
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Canada and Australia have many similarities and some differences. Both countries are Federal parliamentary democracies and former British colonies. Canada has a population of 33 million while Australia has 21 million. The GDP per capita is also very similar. For example, in 2008 it was $39,183 for Canada and US$37,298 for Australia (Source: Wikipedia). The …
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