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President Obama: "Traveling Abroad for Our Economy at Home"

Saturday, November 21, 2009


... if we can increase our exports to Asia Pacific nations by just 5%, we can increase the number of American jobs supported by these exports by hundreds of thousands. This is already happening with businesses like American Superconductor Corporation, an energy technology startup based in Massachusetts that’s been providing wind power and smart grid systems to countries like China, Korea, and India. By doing so, it’s added more than 100 jobs over the last few years.

Increasing our exports is one way to create new jobs and new prosperity. But as we emerge from a recession that has left millions without work, we have an obligation to consider every additional, responsible step we can take to encourage and accelerate job creation in this country. That’s why I’ve announced that in the next few weeks, we’ll be holding a forum at the White House on jobs and economic growth. I want to hear from CEOs and small business owners, economists and financial experts, as well as representatives from labor unions and nonprofit groups, about what they think we can do to spur hiring and get this economy moving again.