President Barack Obama speaks at the beginning of a meeting with the Jobs and Competitiveness Council at the corporate and U.S. manufacturing headquarters of Cree, a leading manufacturer of energy-efficient LED lighting. Monday, June 13, 2011, in Durham, N.C. Seated left of Obama is Ellen Kullman and right is Jeff Immelt, Chair, The President’s Council on Jobs and Competitiveness. (AP Photo/Carolyn Kaster)