NEI Nuclear Notes

With the predominance of knowledge industries, financial instruments, and labor-intensive services in our economy and news this political season, one might forget about the asset-intensive businesses that drive the heartland. We do not. Our membership is drawn from across the industrial spectrum and the fate of our largest members - utilities, manufacturers, suppliers and vendors, engineering and construction companies among them - depends on the interplay of capital markets; tax, trade and economic policy; and government regulation more than is the case for companies less laden with fixed assets. Thus it is heartening to hear the perspective of someone who understands the challenges of these heavily capitalized companies in today's turbulent times, a perspective that seldom reaches the front pages of The Washington Post or the New York Times or the teleprompters of CNN. This morning, the Wall Street Journal weekend edition published an interview with Fred Smith , CEO of FedEx an...