On the recordJuly 9, 1999
We're not asking anybody to do anything that isn't a good business decision. It's a good business decision, and that's one of the things--you know, we saw that everywhere. Every place we went--do you remember that little--that first place we visited in Appalachia, a guy starts out with 40 employees; a few years later, he's got 850. And yes, you know, Appalachia's fairly isolated, but he makes those parts and--those various component electronic parts--and he's got 850 people. He's fixing to expand again because of the incentives that he has in our empowerment zone program that the Vice President's run for us for the last 6 years. That's the kind of thing we want to go nationwide with. We believe if we give, in the new markets initiative, if we give the same tax credits and loan guarantees to Americans to invest in America's new markets we give them to invest in new markets in Africa, Latin America, Asia, or the Caribbean, that our people will do very well. Mr. Jackson. You take, for example, the black and brown market alone is maybe $800 billion in consumer power. How has corporate America--what has been missing? How have they missed these markets--markets, money, talent--right under their noses?
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