In the opinion of Microsoft’s top man in public policy, education, suitable living conditions and strong economic relationship with Asia will decide the aspects of long term gain of Washington.
Brad Smith, vice president of corporate and legal affairs of Microsoft organized an open discussion with the media in the previous week to talk regarding the company’s position on essential points such as reforms on immigration and network neutrality.
During a conversation Smith stressed upon the importance of taming the rapidly growing markets of Asia and also took note of China on the verge of becoming the largest market for computers in the world.
Washington is destined to develop strong relationship with Asia due to its closeness and also due to the cultural diversity of the Eastside, Smith said. Thirty one percent of the residents of Bellevue are born outside the country, with most of them coming from Asia.
Asia has a very good market potential but it also has very vigorous economic competition.
Smith suggested that the nation has no point to worry in this matter as long as U.S continues to be the leader in innovation in the world.
One of the ways to keep the economy growing will be staying away from the top ten in terms of cost of doing business and also keep the trend of innovating alive.
When it comes to education, Smith emphasized that early education, improving the performance levels and healthy research programs at local universities should be given a priority. He also said that states must give a thought for lending support to more grant schools.
The conversation then turned to the proposals regarding the implementation of state income tax. Smith told that Microsoft hasn’t taken a position on that matter yet. He however took note that compensation of workers and the cost of unemployment are getting too much for businesses.
Reforms in immigration were once a prime importance for Microsoft as it was scouting talent over seas. But that movement has slowed down due to the slump in hiring following the recession. But the demand for talented foreigners will pick up, Smith said.
He also discussed regarding transportation and the requirement for more connectivity around Seattle and its suburbs.
Smith also viewed that quality of living is an important part of economic stability of the region. He also emphasized upon the significance of arts and culture in the economy.
