Capital Associated Industries

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Presentation transcript:

Capital Associated Industries CAI Management Conference Wrightsville Beach, NC October 4, 2005 Patrick J. Cleary, Senior Vice President, Communications, NAM blog.nam.org

Policy-Making Process Action Congressional Debate Public Debate Education: Public/Congressional

The NAM Agenda Reduce Production Costs In the United States Level the International Playing Field Develop the 21st Century Workforce Promote Innovation, Investment and Productivity

NAM Study: Taxes Health Care (1/6 of GDP) Regulations: 22% cost disadvantages vs. trading partners Taxes Health Care (1/6 of GDP) Regulations: --$180 billion cost of regulation --$32 billion workplace --Highest environmental costs

Legal Costs (2% of GDP) Larger than the economies of: Hong Kong Hungary Vietnam Venezuela Portugal Peru Algeria Israel Romania Ireland Czech Republic Morocco Denmark Nigeria Chile Kazakhstan Norway Singapore Finland Belarus ……..and 173 others

Vis a vis China, this means: -No currency manipulation -Respect for intellectual property -No illegal subsidies -Compliance with all WTO rules