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

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

3. 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

4. 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

5. 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

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