American business is “going Galt,” and government is the primary reason why. You owe it to yourself to read this one:
During an interview with Bloomberg TV, Ferguson cites a new Harvard Business School (HBS) study that claims the U.S. has fallen behind in global economic competitiveness.
For instance, the January study 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.,’” Rob Wile of Business Insider reports.
“Meanwhile, only 9 percent considered moving existing activities from another country into the U.S.,” he adds.
Watch Ferguson discuss the HBS report (via Bloomberg):
Look, this one is simple: if you really want to know why the U.S. economy is faltering – and has been for the last 30-40+ years – READ THIS STORY!