IS U.S. GLOBAL ECONOMIC COMPETITIVENESS DECLINING? WHAT CAN BE DONE TO IMPROVE U.S. ECONOMIC GLOBAL COMPETITIVENESS?

The decline in the U.S. global economic position has led to widespread concern about U.S. global competitiveness. This declining in U.S. competitiveness is reflected by changes in its standard of living, relative changes in U.S. productivity, investments, and trade balances since 1980. While still ahead of other countries in standard of in income compared with other nations, as real income continues to rise elsewhere.