Obama says global economy is forcing US to compete with other countries ‘like never before’
By APWednesday, June 30, 2010
Obama says he’s trying to bring jobs back to US
RACINE, Wis. — President Barack Obama says the global economy is forcing the U.S. to compete “like never before” with other countries and that his administration is moving on many fronts to bring jobs back home.
Obama’s administration is spending billions of dollars on education and training as well as on improving the infrastructure — such as roads and bridges but also on broadband and other technologies.
Obama says a new health care law will put the brakes on health care costs and help businesses grow and hire workers. He says investments in research and development, tax code changes and fairer trade also will help bring jobs back to a country where unemployment is near 10 percent.
Obama spoke Wednesday at a town hall meeting in Racine, Wis.
