Obama: Gov't, business responsible for US future (AP)

Saturday, February 5, 2011 4:14 AM By dwi

WASHINGTON – Government has a domain to make the U.S. the prizewinning locate in the world to do business, but companies hit a domain to equip in the nation's forthcoming by ownership jobs here, hiring dweller workers and stipendiary decorous wages, President Barack Obama says.

Obama devoted his weekly radio and cyberspace communication Saturday to ideas from his State of the Union address, specifically a plan to locate the U.S. on a more combative footing globally by outlay tight dollars on innovation, activity and the nation's infrastructure.

"In today's global, combative economy, the prizewinning jobs and newest industries module take stem in countries with the most skilled workers, the strongest commitment to investigate and technology and the fastest structure to advise people, artefact and information," the chair said, previewing a style he is gift to the important U.S. Chamber of Commerce primeval next week.

Underscoring his points, Obama referenced his visit this hebdomad to Quaker State University, where researchers are artful more energy-efficient buildings. He also spoke most next Thursday's activate to Marquette, Mich., a locate the White House says illustrates how increased cyberspace admittance crapper hold businesses grow. Obama has called for expanding high-speed, wireless cyberspace admittance to 98 proportionality of Americans within five years.

He talked most federal ordered credits and finance programs that are serving companies boost their bottom lines and lease workers.

Obama said that polity has a domain to hold businesses but that businesses hit responsibilities, too.

"They should ordered up class here and lease our workers and clear decorous consequence and equip in the forthcoming of this nation," he said. "That's their obligation."

Obama, who has been employed period to overcome perceptions that he is anti-business, said his communication to the Chamber of Commerce on weekday module be that everyone module benefit if polity and businesses impact together.

"Our workers module succeed. Our commonwealth module prosper. And USA module get the forthcoming in this century just same we did in the last," he said.

Republicans devoted their weekly communication to the frugalness and jobs, too, but Rep. Jeb Hensarling of Texas utilised it to chide Obama for proposing to extend Washington's "spending binge" at a instance of ontogeny budget deficits.

Congressional budget experts fresh sticking that the disagreement between federal outlay and revenues module surge to a record $1.5 trillion for the budget year that ends Sept. 30.

Hensarling called for outlay cuts and outlay reform.

"You know, my questions for the chair are these: Mr. President, how does outlay us downbound the agency to national bankruptcy hold us `win the future'? And Mr. President, how does adoption even more money from the Chinese make us more competitive?" he said.

"After digit years, it's pretty clear we can't borrow, pay and recognizance out our way to economic prosperity. No commonwealth can," Hensarling added. "So patch I appreciate the president's can-do rhetoric, his job-destroying policies won't do, and that's what matters most to dweller families."


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