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Associated Press Highlights Council President’s Comments at National Summit on American Competitiven

Business leaders in Chicago discuss getting a global competitive edge

May 22, 2008

CHICAGO—A panel of business executives and academics says America needs to improve its education system if it hopes to remain competitive against emerging and changing global economies.

At a meeting today in Chicago, officials said America's status as the world's No. 1 economy is endangered. And they say businesses and corporations need to be poised to innovate if they hope to remain at the top.

Deborah Wince-Smith is president of the Council on Competitiveness. She says the country has a "tremendous reservoir" it can tap to allow it to continue to succeed.

The 2008 National Summit on American Competitiveness is being sponsored by the Department of Commerce and is one of several meetings being held around the country.

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