The U.S. is losing its advantage because of three main factors:
The U.S. is losing its advantage because of three main factors:
According to a study by McKinsey & Company, New York (a stratigic business consulting firm)...
"..the U.S. is losing its advantage because of three main factors:
1. The American regulatory framework, particularly Sarbanes-Oxley, is "a thicket of complicated rules, rather than a streamlined set of commonly understood principles, as is the case in the United Kingdom and elsewhere."
Mitt Romney was not just a CEO, he was a CEO of a STRATIGIC BUSINESS CONSULTING firm, Bain & Company. This firm charges companies money, to tell these companies what they should do differently to improve their performance. The most qualified person in the country to help our economy would be the CEO or former CEO of a strategic business consulting firm like Bain, or one of its competitors such as McKinsey & Company or the Boston Consulting Group .
As far as I know Mitt Romney is the only CEO or former CEO of a strategic business consulting firm running for president of the United States. I defy anyone to tell me of someone more qualified to be president of our countries economy than a former CEO of a strategic business consulting firm like Mitt Romney from Bain and Company.
According to the study the 2nd main factors causing the US to loose its advantage is:
2. While New York offers a promising talent pool for its financial services work force, "we are at risk of falling behind in attracting qualified American and foreign workers."
I see two problems. Education and the ability to recruit talent from over seas. Romney is the only candidate who is making any sense on either of these issues.
See this site for Romney's record on education:
http://myclob.pbwiki.com/Education
And here is just a small quote from Mitt Romney on the recruitment efforts of our country.
"Immigration has been an important part of our nation's success. The current system, however, puts up a concrete wall to the best and brightest, yet those without skill or education are able to walk across the border. We must reform the current immigration laws so we can secure our borders, implement a mandatory biometrically enabled, tamper proof documentation and employment verification system, and increase legal immigration into America."
Governor Romney: "We need to make America more attractive for legal immigrants for citizens and less attractive for illegal immigrants. I want to see more immigration in our country, but more legal immigration and less illegal immigration."
(AP, June 23, 2006)
3. The legal environments in other nations "far more effectively discourage frivolous litigation."
What do all of the Democratic candidates have in Common? Hillary was a lawyer for the Rose Law Firm. Barak Obama worked for the civil rights law firm Miner, Barnhill & Galland. John Edwards was a personal injury trial attorney. Mitt Romney graduated cum laude from the Harvard law school, but he did not sell his soal to the law-gods. He made money the old fashioned way, he earned it. John Edwards is the king of frivolous litigation. He made his fortune through corporate negligence and medical malpractice claims. Edwards was criticized for paying himself mostly through subchapter S corporate dividends, rather than a salary, to take advantage of a tax-law loophole that allowed him to avoid paying $591,000 in Medicare taxes.
So who do you think will do better at "discourage frivolous litigation"? Mitt Romney, Harvard Law Degree (cum laude) but chose a business career, or Barak Obama the civil rights lawyer, or John Edwards the corporate negligence and medical malpractice lawyer?
Mitt Romney, the only candidate who has an MBA, let alone a Harvard NBA. The only candidate who has probably ever read the economist, or Harvard Business Review. Mitt Romney in 08!
~ Mike
Title: "Preserving U.S. Advantages: A Business-Strategic Approach to National Leadership"
1. Issue 1: Regulatory Framework
- The U.S. regulatory system, particularly Sarbanes-Oxley, is complex and less streamlined than other countries like the UK.
- Mitt Romney, as a strategic business consultant, would have experience in dealing with complex regulatory systems and proposing more efficient alternatives.
- Relevant Link: [Your Website's Page on Regulatory Reform]
2. Issue 2: Workforce
- The U.S. is falling behind in attracting qualified American and foreign workers.
- Education and ability to recruit talent from overseas are highlighted as key problems.
- Romney's stance on education and immigration reform is presented as a solution.
- Relevant Links: [Your Website's Page on Education], [Your Website's Page on Immigration]
3. Issue 3: Legal Environment
- Other countries' legal environments discourage frivolous litigation more effectively than the U.S.
- The legal backgrounds of Democratic candidates are presented as potential hindrances to this improvement.
- Romney, with his legal background from Harvard Law, is presented as a more business-oriented candidate who would not be beholden to "law-gods".
- Relevant Link: [Your Website's Page on Legal Reform]
4. Conclusion: Strategic Business Leadership
- Romney's business, legal, and educational background positions him as a unique candidate capable of addressing these issues.
- Romney's credentials include his MBA from Harvard Business School, his experience as a CEO, and his interest in business and economics.
- Relevant Link: [Your Website's Page on Mitt Romney's Qualifications]
Interested Parties:
- Business owners and workers interested in regulatory reform
- Individuals and organizations focused on education and immigration reform
- Parties affected by legal proceedings and interested in litigation reform
- Supporters of Mitt Romney and his policies
Key opposing interests:
- Supporters of current regulatory policies
- Parties interested in maintaining current education and immigration policies
- Supporters of Democratic candidates and their backgrounds
- Those who oppose business-focused leadership in politics
Alternate expressions: #StrategicLeadership #RomneyReform #BusinessMindsetForAmerica
To measure the effectiveness of solutions proposed, consider:
- Regulatory efficiency: Decrease in time and resources needed to comply with regulations
- Talent attraction and retention: Increases in qualified workforce and decrease in brain-drain
- Reduction in frivolous lawsuits: Decrease in the number of non-meritorious legal cases
- Electoral success: Progress of Romney or similar candidates in political races.
To encourage commitment to the proposed solutions, strategies might include:
- Publicizing the issues and potential impacts of current policies on American competitiveness
- Highlighting the successes of nations that have implemented similar solutions
- Demonstrating Romney's (or similar figures') leadership skills and results from their business career
- Conducting public discussions and educational campaigns about the benefits of the proposed reforms
a) Beliefs one must also reject to reject this belief:
- The U.S. regulatory framework is optimal for business growth and competitiveness.
- The U.S. has no issues attracting, retaining, and developing qualified workers.
- The U.S. legal environment efficiently discourages unnecessary and frivolous litigation.
b) Alternate Expressions:
- #RevitalizeUSEconomy
- "Regulation, Recruitment, Litigation: A Triple Threat to U.S. Competitiveness"
- "Addressing the Triad of U.S. Competitive Challenges"
c) Objective Criteria to measure the strength of this belief:
- World Bank's Ease of Doing Business ranking (for regulatory framework).
- Reports on talent migration, global skills gap analyses (for talent pool issues).
- Legal system efficiency indices, statistics on frivolous lawsuits (for legal environment).
d) Shared interests between those who agree/disagree:
- Interest in U.S. economic growth and stability.
- Interest in job creation and skilled labor force.
- Interest in maintaining U.S. global leadership and competitiveness.
e) Key opposing interests between those who agree/disagree:
- Views on regulatory reform: some might see regulations as necessary for fairness and safety, while others see them as burdensome.
- Views on immigration and education policy: debates around how to attract and retain talent, how to reform education.
- Views on legal reform: debates around how to balance discouraging frivolous lawsuits with preserving people's right to seek legal remedy.
f) Solutions:
- Simplifying and streamlining regulations to support businesses.
- Implementing effective education and immigration policies to bolster the talent pool.
- Undertaking legal reforms to minimize frivolous lawsuits.
g) Strategies for encouraging commitment to a resolution:
- Lobbying for regulatory, immigration, and legal reforms.
- Building coalitions between businesses, educational institutions, and policymakers.
- Running public awareness campaigns about the importance of these issues to U.S. competitiveness.
