Tuesday, September 20, 2011

Wal-Mart CEO Talks Economy

The largest employer in the U.S. says short-term economic fixes could work, but sustained job creation won't happen without tax reform and new trade agreements. One week after President Obama and Congress launched new jobs plans, Wal-Mart CEO Mike Duke says there are structural issues holding back American companies. I caught up with the man running the largest retailer in the world to find out what to expect for the rest of the year and how to get businesses hiring again. My conversation below has been edited for clarity and length. read more here at : http://www.usatoday.com/money/companies/management/bartiromo/story/2011-09-16/walmart-ceo-mike-duke/50457744/1


I agree with several aspects, listening is a key indicator of consumer confidence.  Engaging the American people is something the US Congress and White House will have to do to restore consumer confidence along with evaluating and assessing the various tax loop holes for corporations and provide incentives for American companies to hire and bring employees back into the workforce.  And, lets not forget about the small businesses,  they need help and can play an integral part in helping to  kick start and restore the US economy.


What are your thoughts?


Follow Melvin on Twitter @Hollywood1906 
Email: MyStrategyHouse@gmail.com



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