The CEOs Top 5 Priorities: WSJ – November 22, 2010

Below are the five priorities from the full article posted (see URL link below) from the WSJ’s CEO conference on Monday. If you are so inclined, send off a letter in response to the five priorities: email, fax and address are included.

Fax: 609.520.7767

Your Address

November 22, 2010

Lawrence Rout
The Wall Street Journal
4300 1 North
South Brunswick N.J. 08852
Re: The CEOs Top Responsibilities
The Wall Street Journal – CEO Council

Dear Mr. Rout,

Below are the five priorities from the council meeting that was held by the CEO’s who attended the conference and who were assigned to be on the task force. This information is in the printed version of the Journal Report of the CEO Council on Monday, November 22, 2010. The online version is at:

Aggressively promote a global marketplace that benefits U.S. businesses and consumers. Emphasize free-trade agreements, equalize corporate taxes and launch a joint public-private effort to promote trade. Remain open to imports that provide lower-priced goods to U.S. consumers, fueling job-creating spending.

The president must advocate for a competitive business environment to create healthy companies, jobs and rising standards of living. He must be an advocate for business in general.

In addition to addressing malpractice, attack larger problem of defensive medicine, the overuse of care solely due to fear of lawsuits. Rather than focusing only on award caps, overhaul liability laws to create a safe harbor for physicians who follow evidence-based practice guidelines. Explore alternative dispute-resolution mechanisms and venues.

Winning public confidence is all about job creation. Business and government should stimulate long-term investment in the U.S. and make U.S. companies more competitive globally. Should include: cut of 10 percentage points in corporate tax rate; 100% depreciation on capital equipment through 2012; permanent R&D tax credit; cut in taxes on repatriated earnings, provided earnings are reinvested.

U.S. should reduce its budget deficit to stabilize its debt-to-GDP ratio and should sustain recent increases in private savings. Deficit reduction should include spending cuts, tax increases and credible budget rules. Tax policy should encourage private savings. U.S. should recognize the value of the dollar’s reserve-currency role by avoiding policies that depress its value or undermine the credit-worthiness of the U.S.

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