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tax credit because we invest so much in research, $7.3 billion a year so congressman bilbray on the house side is introduced a good bill. is a starting step to talk with democrats about making the r&d tax credit permanent, simplifying it and raising the amount of the credit. we have dropped, the r&d tax credit from first place 20 years ago to about 24th place in terms of the value of the credit. the government needs to do better. did has reenacted every other year or so. it is hard to know when it will be enacted again and so legislators on both sides of the aisle and the president recognized the value of the credit. we just need to improve the process and considering it. host: peter cleveland make the argument on the other side against the r&d making a permit because we have been doing the show for several years and we have our morning show the washington journal as well. i ve never met one legislator who is against making the r&d permanent. what is the argument on the o
ChinaCaliforniaUnited-statesSyriaRussiaWashingtonDistrict-of-columbiaCollege-parkMarylandIndiaEgyptMassachusetts a lot of great friends and a lot of involvement in the community and it is a great place to live. a question right here. jeff ornstein with peter salomon company. walmart stock prices have been flat for over a decade. how do you sort of a address that in b how does that affect the morale of the employees and executives? i think the way we address it is by improving sales and a lot of the earlier discussions abous that investors look in buying in a company. the growth of our business we have talked as they did yesterday with some about growth leverage and returned. so you know i don t wake up and start each day saying i need to increase stock phrase. i look at how do we grow our business, serve more customers and then leverage that to produce return for the shareholders and i think that is what will end up ultimately affecting stock price. related to the question of morale, i will tell you i think over the years companies have to look at how do they evolve and change in
New-yorkUnited-statesArizonaOaklandCaliforniaTexasChinaNew-mexicoOregonMississippiAmericansAmerica this week on the communicators, our guest is intel corporation vice president peter cleveland who talks about the obama administration s efforts to improve american innovation by assisting the u.s. technology community. host: well, we re pleased to welcome to the communicators peter cleveland, vice president of the intel corporation, and he s also in charge of their global public policy group. mr. cleveland, if you could, start by giving us a snapshot of what the intel corporation is, what it makes, where it s located, etc. guest: intel corporation was founded about 40 years ago in silicon valley, and we are primarily a microprocessor company, but we re getting involved in all sorts of products, software solutions, hardware solutions. we produce the chips inside of netbooks, servers, desktops, but our chips also run medical devices, they also run gps systems in cars. you see them all over the world, and we are a great american manufacturing success story. we have be
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