Budget deficit pulls US to number six position in the list of top ranking world's most competitive economies
Sonia Mandelson
Sep. 26, 2006

World Economic Forum study shows how the most productive country can lose competitive edge due to huge budget deficit.

While Switzerland takes number one position, US is pushed to number six. Economic flexibilities, open markets, productivity, fiscal responsibility - all become factors.

It is interesting to note that while Canada is paying off $12 Billion from budget surpluss, US continues to accumulate budget deficits.

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