Many of us watched the networks and cable looking for news concerning President Obama’s trip to Asia. Lots of silliness was blabbed about how this trip was costing a ridiculous about of money ..the blatant lie was that it was costing $200million a day. Pundits and talking heads didn’t even bat an eye or give a rebuttal to that nonsense. And no matter how many stations you flipped to no one ever discussed the purpose of the trip. Could that be because it was for jobs? Yes, President Obama went abroad to Asia to complete negotiations on trade deals to bring jobs to America.
See, when President Obama works on the economy…that is not news. When President Obama makes deals resulting in 300K new jobs for America that is not news. And when President Obama is working on the National Export Initiative..that is not news.
Even though the only thing we hear day in and day out from the insipid politicos mouths is President Obama needs to work on the economy he needs to do something about jobs. So, why then is the American public clueless about his efforts to grow the economy? Well, if you want to know how President Obama is going to turn around the economy it’s called the National Export Initiative. And that is why President Obama went to Asia
The National Export Initiative is an ambitious goal for the USA to grow export shares over the next 5 years. For the pass 10 years other nations have focused their economic growth on exporting goods while the USA under the Bush administration focused solely on spending here in America. Whereas German, China, India and Japan doubled their exports and as a result they have recovered from the global recession much faster than America.
America has the most productive workers in the world but we need world markets to open and Obama is pressing to level the playing field. This is why President Obama went to Asia to reach accord on his economic growth strategy for our nation. President Obama understands that 95% of the customers in the world are not in the U.S. East Asia (China, Japan, South Korea, Taiwan, Hong Kong and the Association for Southeast Asian Nations) will be the world’s largest economic bloc by 2015, surpassing the North American Free Trade Area and the European Union, according to the U.S. International Trade Commission. If America wants to sell we have to go where the customers are and that is how we will grow this economy and regain economic power.
Don’t take my word for it listen to Austan Goolsbee as he explains the National Export Initiative and its significance to the America’s economy…and he does it in only three minutes.