US competitiveness on the decline

A Harvard Business School study that Niall Ferguson pointed us 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.

Read more: http://articles.businessinsider.com/2012-04-05/markets/31292148_1_competitiveness-niall-ferguson-activities#ixzz1rHLcLYtA