Agent Invited To Bush Economic Forum
NU Online News Service, Aug. 12, 12:54 p.m., EST?The head of a Florida insurance agency will be among the participants at President George W. Bush's economic summit tomorrow in Waco, Texas.
Alex Soto, a member of the Independent Insurance Agents and Brokers of America's Executive Committee, will be serving on one of the panels during the White House-led forum on ways to stimulate the nation's economy.
"I am extremely honored that President Bush and his Administration are affording an opportunity to IIABA and me as a business owner to present ideas that will create a better business environment, promote job creation and stimulate more economic growth," said Mr. Soto. He will be joining in a panel discussion with the president or vice president and other administration officials and business leaders called "Small Business & Smarter Regulation."
"Employees are my most important business asset. My partners and I always are exploring ways to expand and add new employees. There are ways the federal government can help?rather than hinder?job creation and expansion. I hope to share my thoughts with the president and vice president tomorrow," Mr. Soto added.
Mr. Soto, president of InSource, Inc., a Miami-based independent insurance agency, remarked that, "It is characteristic of strong leaders to seek input from experts. Through this forum, President Bush is seeking counsel from business leaders, employees and others on ways to help businesses hire new workers by reducing onerous regulations and taxes."
"We applaud the president for promoting corporate responsibility. We require our 'Trusted Choice' agencies to sign a pledge of performance that includes ethical standards," he said. "Capitalism is the world's best economic system only when we are true to our clients, customers, shareholders and employees. The president knows this and is holding this forum to improve the world's greatest economy."
To discuss his economic agenda and new ideas for economic growth, President Bush is bringing together government decision-makers, small investors, small-business owners, industry experts, workers, business ethicists, unions, corporate executives, economists, and others. Participants will discuss current economic performance and steps for sustained future economic growth.
The event at Baylor University will feature multiple sessions on key economic issues?from corporate responsibility to job creation, and the one focused on small businesses that will include Mr. Soto as a panelist.
Mr. Soto said during the panel he would like to discuss a number of business-relevant concerns with the top policy makers. He mentioned health insurance costs, payroll taxes, tort and civil justice reform, permanent estate tax repeal, terrorism insurance, the USA Patriot Act, tax simplification, workplace ergonomic standards, and privacy regulations.
Robert A. Rusbuldt, chief executive officer of the Alexandria, Va.-based IIABA, said, "President Bush has given Alex and IIABA a great opportunity to present the real-world views of the thousands of businessowners represented by this association."
"Alex will have the opportunity," Mr. Rusbuldt added, "to inform the Administration's top economic policymakers what steps we believe will make businesses more prosperous, create more jobs and grow our economy, all from the perspective of businessowners. The cooperative spirit and cross-pollinization of ideas will serve employers, employees, the economy and the Administration well."
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