Blog Post from Organization for International Investment
The Next Hallmark Greeting Card: "Happy Invest in America Week"?
May 15, 2008
Written by: Nancy McLernon
Last week, the Commerce Department launched its first ever, "Invest in America" week, highlighting the benefits of foreign investment in the United States. Although the series of events, which took place in 18 states, didn't garner huge media attention, I'm fairly impressed it was organized and executed to begin with. It wasn't that long ago that the U.S. was buried in the DP World controversy [remember, this was when many were fretting over a UAE-based company acquiring several U.S. ports] and foreign investment in the U.S. became highly suspect. The Administration now is trying hard to reverse the world-wide reputational damage the U.S. suffered from that fiasco. Quoting Commerce Secretary Carlos M.Gutierrez, "Invest in America Week highlights our commitment to open investment policies that are key drivers of economic growth. Millions of Americans are employed by foreign companies, with better than average wages. We need to continue attracting investment that promotes economic growth and produces jobs." So, while it isn't likely that Hallmark will begin printing up imaginative greeting cards to commemorate this newly created celebration, it's a helpful effort nonetheless.
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