To renew its economic leadership in the world, America must get its fiscal house in order, revamp the federal tax code and educational system and encourage greater leadership and risk-taking in business.
So said former Hewlett-Packard Chief Executive Carly Fiorina, who kicked off the opening general session of the 2012 annual meeting of the Association for Advanced Life Underwriting (AALU), being held in Washington April 29-May 2. The four-day gathering, the AALU's 55th since the organization's founding, comprises a mix general sessions and workshops focused on professional development and political advocacy of issues of interest to the life insurance community.
Fiorina added that America's congressmen and senators also become wedded to a political status quo--repeatedly running and winning campaigns--and the result is that many among them remain in office for too long. The nation's founders she said, intended ours to be a citizen government, where people routinely move between public service and private life.
"We need more of a citizen's government now, with politicians, the coin of the realm is ideas and words," she added. "Often, however, there is too much distance between ideas and actions to actually get something done. We need different people and different results in Washington."