News / USA

Obama Uses Factory Visit to Tout US Competitiveness, Job Growth

President Barack Obama and GE CEO Jeffrey Immelt visit the birthplace of the General Electric Co., to showcase a new GE deal with India and to announce a restructured presidential advisory board , Friday, Jan. 21, 2011, in Schenectady, N.Y.
President Barack Obama and GE CEO Jeffrey Immelt visit the birthplace of the General Electric Co., to showcase a new GE deal with India and to announce a restructured presidential advisory board , Friday, Jan. 21, 2011, in Schenectady, N.Y.

Multimedia

President Barack Obama on Friday continued his efforts to spur job creation and build confidence in the U.S. economy, as he visited a General Electric factory in New York state. The president appointed the company's chief executive to head a special panel aimed at helping to create jobs.

The president's visit to the GE energy division plant in Schenectady, New York, is part of a renewed effort in the new year to focus attention on parts of the economy that are working, including companies manufacturing goods for export.

The plant was in the spotlight during President Obama's Asia trip last November. It is manufacturing power-turbines that are being exported to India and other countries under a package of deals announced in India.

Watch Mil Arcega's Companion TV Report:

After touring the plant, the president said it represents America's creative and innovative potential in an economy facing intense competition from around the world. "America is still home to the most creative and the most innovative businesses in the world.  We've got the most productive workers in the world.  America is home to inventors, and dreamers, and builders, and creators," he said.

Mr. Obama announced he is appointing the Chief Executive Officer of GE, Jeffrey Immelt, to head a new Council on Jobs and Competitiveness.  Immelt was previously a member of a special presidential advisory panel on economic recovery.

Introducing the president, Immelt noted that 90 percent of the products at the factory are exported. "We know at GE the future is given to no one, we have to compete, we have to win, and I know that this team can compete with anybody in the world, we can absolutely do what it takes," he said.

Mr. Obama's visit came a few days before his State of the Union speech next Tuesday likely to focus on the need for innovation in the U.S. economy if it is to remain competitive on a global stage with countries such as China and India.

The president also referred to his just-completed talks in Washington with China's President Hu Jintao.  The administration announced $45 billion worth of business deals during Chinese leader's visit.

"We struck a deal to open Chinese markets to our products.  They're selling here, and that's fine, but we want to sell there.  We want to open up their markets so that we [have] two-way trade and not just one-way trade," said Mr. Obama.

The president also pointed to the successful negotiation of a free trade agreement with South Korea, saying it will support more than 70,000 American jobs.

With the nation's unemployment rate still stuck well above nine percent, President Obama also used his remarks in Schenectady to focus on growth in the economy, including the addition of more than one million jobs.

However, the president said again that he knows millions of Americans are still out of work, and growth is not yet rapid enough to make up for the damage caused by the recession.

You May Like

Reports of Mass Murder on Mediterranean Smuggler’s Boat

Boat sailed from Libya with 750 migrants aboard and arrived in Italy with 569 More

Video New Thailand Hotline Targets Misbehaving Monks

Officials say move aims to restore country’s image of Buddhism, tarnished by recent high profile scandals such as opulent lifestyle, drug and alcohol abuse, as well as child sex abuse More

Study: Dust from Sahara Helped Form Bahama Islands

What does the Sahara have in common with a Caribbean island? Quite a lot, researchers say More

This forum has been closed.
Comments
     
There are no comments in this forum. Be first and add one

Featured Videos

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
Astronauts Train in Underwater Labi
X
George Putic
July 25, 2014 7:25 PM
In the world’s only underwater laboratory, four U.S. astronauts train for a planned visit to an asteroid. The lab - called Aquarius- is located five kilometers off Key Largo, in southern Florida. Living in close quarters and making excursions only into the surrounding ocean, they try to simulate the daily routine of a crew that will someday travel to collect samples of a rock orbiting far away from earth. VOA’s George Putic has more.
Video

Video Astronauts Train in Underwater Lab

In the world’s only underwater laboratory, four U.S. astronauts train for a planned visit to an asteroid. The lab - called Aquarius- is located five kilometers off Key Largo, in southern Florida. Living in close quarters and making excursions only into the surrounding ocean, they try to simulate the daily routine of a crew that will someday travel to collect samples of a rock orbiting far away from earth. VOA’s George Putic has more.
Video

Video Not Even Monks Spared From Thailand’s Junta-Backed Morality Push

With Thailand’s military government firmly in control after May’s bloodless coup, authorities are carrying out plans they say are aimed at restoring discipline, morality and patriotism to all Thais. The measures include a crackdown on illegal gambling, education reforms to promote students’ moral development, and a new 24-hour phone hotline for citizens to report misbehaving monks. Steve Sandford reports from Bangkok.
Video

Video Virtual Program Teaches Farming Skills

In a fast-changing world beset by unpredictable climate conditions, farmers cannot afford to ignore new technology. Researchers in Australia are developing an online virtual world program to share information about climate change and more sustainable farming techniques for sugar cane growers. As VOA's Zlatica Hoke reports, the idea is to create a wider support network for farmers.
Video

Video Airline Expert: Missile will Show Signature on Debris

The debris field from Malaysia Airlines Flight 17 is spread over a 21-kilometer radius in eastern Ukraine. It is expected to take investigators months to sort through the airplane pieces to learn about the missile that brought down the jetliner and who fired it. VOAs Carolyn Presutti explains how this work will be done.
Video

Video Treatment for Childhood Epilepsy Heats up Medical Marijuana Debate

In the United States, marijuana is classed as an illegal drug by the federal government. But nearly half the states have legalized it, to some degree. Proponents say some strains of marijuana might have exceptional health benefits, for treating pain or inflammation in chronic conditions such as cancer, multiple sclerosis and epilepsy. Shelley Schlender reports on a strain of medical marijuana developed in Colorado that is reputed to reduce seizures in childhood epilepsy
Video

Video Airbus Adds Metal 3D Printed Parts to New Jets

By the end of this year, European aircraft manufacturing consortium Airbus plans to deliver the first of its new, extra-wide-body passenger jets, the A350-XWB. Among other technological innovations, the new plane will also incorporate metal parts made in a 3-D printer. VOA's George Putic has more.
Video

Video AIDS Conference Welcomes Exciting Developments in HIV Treatment, Prevention

Significant strides have been made in recent years toward the treatment and prevention of HIV, the virus that causes AIDS. This year, at the International AIDS Conference, the AIDS community welcomed progress on a new pill that may prevent transmission of the deadly virus. VOA’s Anita Powell reports from Melbourne, Australia.
Video

Video IAEA: Iran Turns its Enriched Uranium Into Less Harmful Form

Iran has converted its stockpiles of enriched uranium into a less dangerous form that is more difficult to use for nuclear weapons, according to the United Nations’ Atomic Energy Agency. The move complies with an interim deal reached with Western powers on Iran's nuclear program last year, in exchange for easing of sanctions. Henry Ridgwell reports for VOA from London.

AppleAndroid