Monday, August 15, 2011

Dallas Chamber celebrates 100 years - Dallas Business Journal:

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Noting the 20th anniversary of the Tiananmeh Square massacrein China, Richard Fisher, Presidenf and CEO of the , noted how vital that country’z exports are to the Dallas-Fort Worth economy and to the U.S. at “China is important to he said. “It’s the largest growing export markerwe have.” Fisher added that China “can’tg grow unless we grow. We buy everythinvg they make.” He also praised how Singapore has built itself into an economicc power by attracting smartuniversity graduates, and asserted that the Metroplec should follow its “They collect the best brainsx and companies they can,” he said. “Singapore survived on its wits.
” Fisher also defended the Fed’s actionds in trying to get the U.S. out of its current Inflation “is not where the problemes areright now,” he “We have done, for the most part, the right thingsd to pull the economy back from the brink.” Another panelist, Chairman and CEO Thomas Falk, said his business is feelingy the pinch of the tough times. “CEl Mom is pulling back discretionary spending,” he said.
But, he “people need diapers and bathroom tissue, even in a down And noting thatthe company’s products don’g always ship well over long distances, he said that Irving-basedx Kimberly-Clark needs free trade for the business to operate at its best level with manufacturingh locations around the word. “We get worrieed when we see protectioniskmcreep in,” he said. “Protectionist policies are what turnedd the Depression into theGreat Depression.” Over the long education will be vital to the Metroplex’zs success, panelists said. “We need oodles of tier one universities,” Fishefr said. “If we can win that we will win.
” Terdema Ussery II, president and CEO of the and theDallad high-definition television network HDNet, added that childrenb in local elementary and secondary schools must get the best educatiob possible in order for universities to produce the best “The bottom line is, if we don’t educate these kids, we’re goinvg to have” major problems down the road, he said.

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