Obama says US, Asia will benefit from more trade

[Omaha Steve]

Source: AP

By ERICA WERNER

YOKOHAMA, Japan (AP) - Appealing for broader access to fast-growing markets in Asia, President Barack Obama says the United States is in the Pacific region to stay and that both sides will benefit from stronger trade relationships.

On a mission to help create jobs at home, Obama noted that while U.S. exports to the region have increased by more than 60 percent in the last five years, competition has cut into the U.S. share of trade here.

"We want to change that," Obama declared in a speech Saturday at a regional economic summit.

The president hopes to double U.S. exports within five years and views selling more goods to Asians as one way to help meet that goal while simultaneously creating and sustaining jobs for Americans. India, the first of four countries Obama visited this week and a booming nation to boot, has a population of more than 1 billion people.


Read more: http://apnews.excite.com/article/20101113/D9JF93H80.html

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President Barack Obama is surrounded by other leaders and officials as he leaves the stage after taking part in a group photo at the APEC summit in Yokohama, Japan, Saturday, Nov. 13, 2010. (AP Photo/Charles Dharapak)

[leveymg]

1. The big banks and multinationals need to open their purses and start reinvesting here.

That's what's standing in the way of more exports, and more American jobs. Obama needs to start whacking them with that big stick we never see.

[dEm82]

2. agreed

[Catherina]

3. It worked out so well for the ownership class, let's do it again!

[OHdem10]

4. No disrespect, Mr. President, but George Bush promised the

same thing so did Daddy Bush, so did Bill Clinton
and we have steadily lost jobs.

If you are company and you can get workers for
pennies a day or you can get workers for let
say, one hundred dollars a day---which are
you going choose. Remember, Reagan changed
policies. Business have a responsiblity only
to their shareholders. They have no obligation
to the worker or a country. With these rules
you are obligated to make as much money as you can
for your shareholder. Yes, you are going
where the labor is cheap to slave standards

Yes all our Presidents promise to open markets.
This may help a handful of companies in a few
states. If these countries had large middle
classes who could afford to buy our products,
that would be fine. We know they do not. Therefore
opening markets will help only a few companies
in a few states.

[somone]

5. Same old shit

from the same old shit deli

[Populist_Prole]

6. You got that right!

I sick of it. How can anybody be so naive to think we haven't heard this same BS before?

[MisterP]

7. hm, here I was told that the unemployed vote against their own interest only

when voting GOP...

[Odin2005]

8. From an ecological POV shipping maufactured good half-way around the world is INSANE