The Sarcasm Report v.64

U.S. Competitiveness Slips, Switzerland Is Tops in WEF Study

The U.S. ranked 87th for macroeconomic stability, and American businesses also increasingly questioned the government’s ability to avoid meddling in the private sector and viewed it as a wasteful spender, the forum said. In its index of financial market development, the U.S. fell to 31st from ninth in 2008.

87th in macroeconomic stability? Woohoo!