the looming challenge to us competitiveness - Initiative for a ...
the looming challenge to us competitiveness - Initiative for a ...
the looming challenge to us competitiveness - Initiative for a ...
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WHAT IS COMPETITIVENESS?<br />
The United States is a competitive location <strong>to</strong> <strong>the</strong> extent that firms operating in<br />
<strong>the</strong> U.S. are able <strong>to</strong> compete successfully in <strong>the</strong> global economy while supporting<br />
high and rising wages and living standards <strong>for</strong> <strong>the</strong> average American<br />
• Competitiveness is not low wages or a cheap dollar<br />
• Competitiveness depends on improving long-run productivity<br />
– Productivity of existing employees<br />
– High participation of working age citizens in <strong>the</strong> work<strong>for</strong>ce<br />
U.S. COMPETITIVENESS PROJECT 2
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