A lot of the economy is indeed being supplied by goods that are produced offshore. And much of the reason for that is societal.
Frederick W. SmithLeaders get out in front and stay there by raising the standards by which they judge themselves - and by which they are willing to be judged.
Frederick W. SmithThe tax rate of 35 percent is impossible to provide an incentive to the large corporations, that have $1.7 trillion offshore, to put their money back in the United States.
Frederick W. SmithIt is impossible to manage the health care requirements of tens of millions of American citizens at the federal level. It is impossible to manage all of the permutations of people's economic aspirations and lives through a complex tax code. It is impossible to try to second-guess the market. It is impossible, from a managerial standpoint, for the federal government to do the things it is trying to do today.
Frederick W. Smith