U.S. Is World’s Most Competitive Economy for First Time in a Decade

Under President Donald J. Trump, the United States is finally back on top “as the most competitive country in the world, regaining the No. 1 spot for the first time since 2008 in an index produced by the World Economic Forum,” Joanna Sugden reports for The Wall Street Journal.

“America’s vibrant entrepreneurial culture and its dominance in producing a competitive labor market and nimble financial system” partly explain its top ranking, the Global Competitiveness Report says.

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In CNBC, Jeff Cox reports that job openings hit a record 7.136 million for the month of August, according to the Job Openings and Labor Turnover Survey. “Openings dwarfed the total level of workers looking for jobs, which stood at 6.23 million for that month and fell to 5.96 million in September, recent Labor Department statistics show.”

USA Today’s editorial board agrees with the Trump Administration’s major decision to require drug companies to disclose their prices in TV ads. “The proposed transparency is as welcome as it is overdue. Health care is the only consumer commodity where sellers get to hide the price,” the editors write. “If companies want to advertise the benefits of their drugs, they ought to reveal the prices at the same time and place.”

“President Trump’s decision last week to allow the year-round sale of E15 is a promise made and kept to farmers throughout rural America,” Iowa Republican Sens. Chuck Grassley and Joni Ernst write in The Wall Street Journal. “The administration’s E15 action will deliver a timely infusion of optimism to farmers. It will also put an end to an unnecessary government regulation that hinders consumer choice at the pump.”

“President Trump is smashing the record for appointing judges to the powerful federal appeals courts with 29 picks confirmed, helping him put his stamp on the judiciary well beyond the Supreme Court,” Alex Swoyer writes in The Washington Times. “For conservatives, the pace of action is a major victory, particularly in the face of overwhelming opposition from liberal activists and Senate Democrats.”