It’s unfortunate that the United States, which has led the capitalistic world for so long, is woefully uncompetitive in the area of corporate tax policy. We have the second highest corporate tax rate among all Organization for Economic and Cooperative Development (OECD) countries and many other tax policies that simply make it difficult for U.S. companies to compete with those outside the U.S. Is this important to you? You bet — studies, such as one done by William C.
A story about FedEx Office was just published in BusinessWeek. I appreciate the interest in our company. We have a great story to tell when you consider the way we have evolved from Kinko's Copies into FedEx Office over the past 38 years to reflect and meet changes in customer needs and expectations and evolution of technology.
There has been a lot of discussion in the media about Ponzi schemes. In fact, some economists have been debating whether we were facing a system-wide Ponzi scheme as financial imbalances that rely on new investors (including those overseas) could not last forever. A scheme needs a schemer, but this, of course, is not the case for the financial system at a macro level. If we look at practices at a micro level, including the situation in the housing market, fraudulent practices and schemers did exist.
If you’re like me, you have a long shopping list this holiday season. But have you ever stopped to think where the products you purchase come from? Chances are, those flowers you ordered online came from flower farms in Latin America. The hand-crafted bracelet you bought in a department store could have come from Bali or even India.
This is not just a sign of the times. Over the past three centuries, the levels of access people have had to goods, services and even each other has risen dramatically.
One of my responsibilities at FedEx is to communicate to the world about FedEx Ground news and achievements, and when we decided to focus part of our blog on “Economics & Access”, I decided to use this forum to share some of the details of our nationwide expansion that is creating jobs and opportunities in communities across the country despite highly volatile and challenging economic conditions.