Ross Perot on Technology

1992 & 1996 Reform Party Nominee for President

More spending on research & applying it commercially

A significant factor impeding the productive capacity of the US is the lack of resources devoted to research. Germany and Japan are far ahead of us on non-defense research, and probably even farther ahead in applying it to productive purposes.

The US needs to place greater emphasis on research that adds to our quality of life and has commercial value as well. The federal government could facilitate this effort by [budgetary] spending priorities & changes in the tax laws to encourage private research.

Source: The Dollar Crisis, p.133-134 , Jul 2, 1996

NAFTA will hurt US telecommunications companies

NAFTA favors Mexican investors in the communications sector. Mexican investors can hold 100% ownership of US cable television systems or companies that provide cable TV services in the US. Under NAFTA, however, US investors in Mexico can only own, directly or indirectly, up to 49% of similar enterprises. What’s more, only Mexican citizens are permitted to operate a cable TV system in Mexico. Americans wanting to invest in Mexico’s cable TV industry need a well-connected Mexican partner. Source: Save Your Job, Save Our Country, by Ross Perot, p. 8 , Jan 1, 1993

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