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

    Russian-speaking Muslim Exiles Fear Possible Russia-Turkey Thaw

    Exiled from Russia as Islamic radicals and extremists, thousands found asylum in Turkey

    US Presidential Election Ends at Conventions for Territorial Citizens

    Citizens of US territories like Guam or Puerto Rico enjoy participation in US political process but are denied right to vote for president

    UN Syria Envoy: 'Devil Is in the Details' of Russian Aleppo Proposal

    UN uncertain about the possible humanitarian impact of Russian proposal to establish escape corridors in Aleppo

    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.
    Uganda Unveils its First Solar-powered Busi
    X
    July 28, 2016 4:16 AM
    A solar-powered bus described by its Ugandan makers as the first in Africa has made its public debut. Kiira Motors' electric bus, Kayoola, displayed recently at a stadium in Uganda's capital. From Kampala, Maurice Magorane filed this report narrated by Salem Solomon.
    Video

    Video Uganda Unveils its First Solar-powered Bus

    A solar-powered bus described by its Ugandan makers as the first in Africa has made its public debut. Kiira Motors' electric bus, Kayoola, displayed recently at a stadium in Uganda's capital. From Kampala, Maurice Magorane filed this report narrated by Salem Solomon.
    Video

    Video Silicon Valley: More Than A Place, It's a Culture

    Silicon Valley is a technology powerhouse and a place that companies such as Google, Facebook and Apple call home. It is a region in northern California that stretches from San Francisco to San Jose. But, more than that, it's known for its startup culture. VOA's Elizabeth Lee went inside one company to find out what it's like to work in a startup.
    Video

    Video Immigrant Delegate Marvels at Democratic Process

    It’s been a bitter and divisive election season – but first time Indian-American delegate Dr. Shashi Gupta headed to the Democratic National Convention with a sense of hope. VOA’s Katherine Gypson followed this immigrant with the love of U.S. politics all the way to Philadelphia.
    Video

    Video Philadelphia Uses DNC Spotlight to Profile Historic Role in Founding of United States

    The slogan of the Democratic National Convention now underway in Philadelphia is “Let’s Make History Again” which recognizes the role the city played in the foundation of the United States in the 18th century. As VOA’s Kane Farabaugh reports, local institutions are opening their doors in an effort to capitalize on the convention spotlight to draw visitors, and to offer more than just a history lesson.
    Video

    Video A Life of Fighting Back: Hillary Clinton Shatters Glass Ceiling

    Hillary Clinton made history Thursday, overcoming personal and political setbacks to become the first woman to win the presidential nomination of a major U.S. political party. If she wins in November, she will go from “first lady” to U.S. Senator from New York, to Secretary of State, to “Madam President.” Polls show Clinton is both beloved and despised. White House Correspondent Cindy Saine takes a look at the life of the woman both supporters and detractors agree is a fighter for the ages.
    Video

    Video Dutch Entrepreneurs Turn Rainwater Into Beer

    June has been recorded as one of the wettest months in more than a century in many parts of Europe. To a group of entrepreneurs in Amsterdam the rain came as a blessing, as they used the extra water to brew beer. Serginho Roosblad has more to the story.
    Video

    Video First Time Delegate’s First Day Frustrations

    With thousands of people filling the streets of Philadelphia, Pennsylvania for the 2016 Democratic National Convention, VOA’s Kane Farabaugh narrowed in on one delegate as she made her first trip to a national party convention. It was a day that was anything but routine for this United States military veteran.
    Video

    Video Commerce Thrives on US-Mexico Border

    At the Democratic Convention in Philadelphia this week, the party’s presumptive presidential nominee, Hillary Clinton, is expected to attack proposals made by her opponent, Republican presidential nominee Donald Trump, to build a wall along the U.S.-Mexico border. Last Friday, President Barack Obama hosted his Mexican counterpart, President Enrique Peña Nieto, to underscore the good relations between the two countries. VOA’s Greg Flakus reports from Tucson.
    Video

    Video Film Helps Save Ethiopian Children Thought to be Cursed

    'Omo Child' looks at effort of African man to stop killings of ‘mingi’ children
    Video

    Video London’s Financial Crown at Risk as Rivals Eye Brexit Opportunities

    By most measures, London rivals New York as the only true global financial center. But Britain’s vote to leave the European Union – so-called ‘Brexit’ – means the city could lose its right to sell services tariff-free across the bloc, risking its position as Europe’s financial headquarters. Already some banks have said they may shift operations to the mainland. Henry Ridgwell reports from London.
    Video

    Video Recycling Lifeline for Lebanon’s Last Glassblowers

    In a small Lebanese coastal town, one family is preserving a craft that stretches back millennia. The art of glass blowing was developed by Phoenicians in the region, and the Khalifehs say they are the only ones keeping the skill alive in Lebanon. But despite teaming up with an eco-entrepreneur and receiving an unexpected boost from the country’s recent trash crisis the future remains uncertain. John Owens reports from Sarafand.
    Video

    Video Migrants Continue to Risk Lives Crossing US Border from Mexico

    In his speech Thursday before the Republican National Convention, the party’s presidential candidate, Donald Trump, reiterated his proposal to build a wall along the U.S.-Mexico border if elected. Polls show a large percentage of Americans support better control of the nation's southwestern border, but as VOA’s Greg Flakus reports from the border town of Nogales in the Mexican state of Sonora, the situation faced by people trying to cross the border is already daunting.

    Special Report

    Adrift The Invisible African Diaspora