Fred Smith: Keeping America Competitive: The View from "Commerce Street" (2/11/2009)

Fred Smith, Founder and CEO, FedEx Corporation

Everyone talks about Wall Street and Main Street, but no one talks about “Commerce Street,” the industrial economy in between. Smith will outline ways to build a foundation for a healthier, more sustainable U.S. business environment, one that he believes can create more good-paying jobs here in California and across the country. His solutions include energy independence, tax and accounting reform, and policies that grow business, trade and communities. Smith believes that in the challenge of this downturn is an opportunity to increase America's competitiveness in the global marketplace.

Smith is the CEO of one of the world's most successful companies. With more than 290,000 team members, FedEx serves more than 220 countries and territories around the world. Since founding FedEx in 1971, Smith has been an active proponent of regulatory reform, free trade and "open skies agreements" for aviation worldwide. He is a member of the Energy Security Leadership Council, a group of CEOs and retired military leaders who make policy recommendations on developing energy independence and alternative fuels for the United States.

This program was recorded in front of a live audience at The Commonwealth Club on February 11, 2009.