Thursday, September 8, 2011

Overheard at the CEO Council

"It's harder to face competition
In a poor infrastructure condition,
But reversing neglect
Would lead, I expect,
To many a full-time position."

The Wall Street Journal's Alan Murray surveyed chief executives of some of the world's largest companies through the paper's CEO Council. Many CEOs would support a U.S. effort to update aging infrastructure, financed in part by private money, as a way to create jobs and make U.S. business more competitive. Typical was the comment of Marcelo Claure of Brightstar Corp., who said: "Upgrading our subpar infrastructure in the U.S., and even considering options like privatizing infrastructure if needed for funding purposes...would be a good place to start delivering meaningful jobs in the U.S."

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