Home / Knowledge / News / Core competitive challenges to drive growth & prosperity
Core competitive challenges to drive growth & prosperity
09
Jan '08
Speaking before an assembly of business leaders, Chamber President and CEO Thomas J. Donohue said that American lawmakers must use the coming year to proactively address a series of pressing issues that have the potential to unleash the U.S economy or, if left unaddressed, cripple it.

In his annual State of American Business speech, Donohue called on Congress to enact aggressive reforms and initiatives in areas ranging from education and energy policy to federal immigration laws and the aging transportation infrastructure.

“As we meet here today, the country's future is clouded by Washington's failure to seriously address the core competitive challenges that will drive growth, opportunity, and prosperity in the 21st century,” Donohue said.

“The world has changed and so too must our policies and practices. The Chamber, along with many of you, has been actively speaking out on these challenges for years. Progress has been made on some issues, but overall, a culture of complacency and neglect has defined our national response. And that is not the America we know.”

In his critique, Donohue cited the failure so far of the Congress to reauthorize and strengthen the “No Child Left Behind” Act. He also noted the promotion of energy proposals and policies that condemn high fuel prices and carbon emissions while continuing to impose restrictions that discourage the production of clean, diverse domestic energy.

In addition, Donohue warned against a federal trend to over-regulate, over-litigate and over-tax the U.S. capital markets thus driving overseas the very money needed for renewed domestic investment and new jobs.


Must ReadView All

Textiles | On 22nd Jun 2017

Zund unveils cradle feeder roll-feed system for fabrics

Zund Systemtechnik AG, Switzerland’s textile machinery firm that...

Textiles | On 22nd Jun 2017

Hpfabrics opening production facility in Forsyth County

Hpfabrics, manufacturer of raw fabrics, is opening a new production...

Courtesy: Napapijri

Apparel/Garments | On 22nd Jun 2017

Napapijri's Superlight Parka is free of fur and down

Napapijri has introduced the new Superlight Parka, a new lightweight...

Interviews View All

Karel Williams
Dow Microbial Control

'Silvadur is most rapidly adopted in areas where hygiene-conscious and...

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Karan Toshniwal
Orange O Tec

Contemporary industry is paying more and more attention to the...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
June 2017

June 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search