U.S. Fourth Best In World For Business

To listen to Republicans you would think that taxes, regulation, and Obamacare have made it impossible for business in this country.  Well, the World Bank just issued its rankings of friendliness to business and it turns out we do pretty darn well,

“Singapore retained its No. 1 spot in overall rankings for the eighth straight year, followed by Hong Kong, New Zealand and the United States.

The report judges 189 countries on 10 criteria, such as ease of opening a business or paying taxes, and assigns each country a rank. Since their inception in 2003, the rankings have come to carry a huge weight with governments eager to attract private enterprise.”

Guess we are not a socialist republic after all.

By: Stuart Shapiro

Stuart is a professor and the Director of the Public Policy
program at the Bloustein School of Planning and Public Policy at Rutgers
University. He teaches economics and cost-benefit analysis and studies
regulation in the United States at both the federal and state levels.
Prior to coming to Rutgers, Stuart worked for five years at the Office
of Management and Budget in Washington under Presidents Clinton and
George W. Bush.