Saturday, April 7, 2012

Harvard Study: Why The US Economy Is Doomed


A Harvard Business School study that Niall Ferguson pointed BusinessInsider to today shows the U.S. has fallen severely behind in terms of international competitiveness.
The study, from January, found that for Harvard alums personally involved in a company relocation decision, 57 percent said the decision "involved the possibility of moving existing activities out of the U.S."

Meanwhile, only 9 percent considered moving existing activities from another country into the U.S.

"A U.S.-based respondent was three times as likely to be considering moving business activity out of the U.S. than a non-U.S. respondent was likely to be considering moving an activity into the U.S," writes Professor Michael Porter, the study's author….

Read more: http://www.businessinsider.com/study-company-us-2012-4#ixzz1rNTTxjEo

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