US President Barack Obama says, he has set a goal of doubling America's exports over the next five years. In his departure statement before leaving Washington for Mumbai today, he said he is going to talk about opening up additional markets in places like India, so that American businesses can sell more products abroad to create more jobs at home. He said every 1 billion US dollar increase in exports; thousands of jobs are supported in US.Admitting that US is in the middle of a tough fight to get its economy growing faster, businesses across the country can open and expand, so that people can find good jobs. This will help repair the terrible damage that was done by the worst recession in our lifetimes.He said it is encouraging to see that private-sector job growth maintained for 10 straight months. That means that since January, the private sector has added 1.1 million jobs.He said the most important in this new century will not be between Democrats and Republicans. It is the competition with countries around the world to lead the global economy.
News On AIR | November 5, 2010 9:13 PM
MY goal is to double US exports to markets like India:Obama