U.S. 1, China 0
It’s a new game, says President Obama
As the President pointed out: “Opportunity is who we are…The best measure of opportunity is access to a good job. With the economy picking up speed, companies say they intend to hire more people this year. And over half of big manufacturers say they’re thinking of insourcing jobs from abroad.”
While outsourcing to Asia resulted in factories closing and high rates of employment, companies are returning to America because the rate of industrial growth in these countries has led to severe problems. Air pollution in China has become the fourth leading cause of death and made working in large cities difficult. At the same time, India has had infrastructure problems and last year encountered the largest power blackout in history and is still trying to recover from it. Thailand is in political turmoil and Vietnam, which began siphoning business form China, finds its growth stalemated because of the lack of an effective transportation system. The Philippines, long the genesis for new ideas and innovations in Asia, has been stymied, still reeling from the devastation wrought by last year’s typhoon.
As the President pointed out – the atmosphere in America is the one that is conducive to new ideas and a welcoming platform for innovation.
“Our leadership is defined not just by our defense against threats, but by the enormous opportunities to do good and promote understanding around the globe –- to forge greater cooperation, to expand new markets, to free people from fear and want,” he said. “And no one is better positioned to take advantage of those opportunities than America.”
The President also pledged to reverse the economic conditions that resulted in the loss of so many middle class jobs. That promise included raising the minimum wage to $10.10 an hour and closing incentives that allow companies to relocate or ship jobs overseas. He said he would rather see money saved by closing loopholes and using money recouped to create jobs rebuilding roads and developing a “first-class” infrastructure. He also said that those who look to America for economic leadership will reap benefits, such as access to new high-tech networks. To that end, the administration has launched two hubs for high-tech manufacturing in Raleigh, North Carolina, and Youngstown, Ohio, and will add six more.
And he pledged financial support. “Let’s do more to help the entrepreneurs and small business owners who create most new jobs in America,” he said. “Over the past five years, my administration has made more loans to small business owners than any other. And when 98 percent of our exporters are small businesses, new trade partnerships with Europe and the Asia Pacific will help them create more jobs.”
America will not lag behind and allow China and Europe to outpace us, he said. Calling for a restoration of federal research funds, he said: “We know that the nation that goes all-in on innovation today will own the global economy tomorrow. This is an edge America cannot surrender. Federally funded research helped lead to the ideas and inventions behind Google and smartphones. And that’s why Congress should undo the damage done by last year’s cuts to basic research so we can unleash the next great American discovery.”
The President also said that developments in alternative fuels such as natural gas are attracting new money and that he will work with states to cut red tape so that more of factories serving these industries can be built. Solar energy is another area attracting attention, the President said, adding: “We’re becoming a global leader in solar.”
The President also focused on education, pledging that he will work with industry leaders such as Microsoft and Apple to connect students to high-speed broadband the next four years and to work with high schools and colleges to offer what he called “real world education” to match the needs of a rapidly changing global economy.
Lastly, he pushed to increase equal pay to women. “I believe when women succeed, America succeeds,” he said.
Access to jobs, opportunity, America needs to insource jobs from abroad and create jobs here at home
America has the infrastructure needed to create
America is global leader
America is in best position to lead
America is one voice
America provides ladder to success
China not best place to invest, America is
Fix broken immigrant system
Best investment is in education high quality
He will provide help for innovators here to produce products made in usa
He is establishing a program to train new employees
Immigrants coming here make this a better economy
He is commiteted to clean energy and clean energy jobs and for America to become energy independent
Need to help young develop high tech sklls for new jobs
Opportunity needs to be available for women
It not easy to rebuild America; individual achievement a priority, equality under the law is how people view America-
Setting up progams for students need to be connected to broadband
Solar is fuel of the future
There is opportunity for all in America; anyone can get ahead in America
We want to be the high tech leader; America is building high tech hubs
While china and Europe gaining edhe, America cant be behind. We have to unleash the next great American discovery
We need to reduce carbons.
Women need more equality in pay.
While China and Europe gained, America can’t be behind. We have to unleash the next great American discovery.