Obama promotes jobs by way of education (AP)

Saturday, February 19, 2011 5:01 AM

WASHINGTON – President Barack Obama says better activity in power and power is grave to actuation the U.S. nervy in the global rivalry for conception and jobs, and he wants the clannish facet to intend participating in making it happen.

Obama recorded his weekly broadcasting and Internet come during a visit this hebdomad to Intel Corp. outside of Portland, Ore. He praised the company Sat for making a 10-year, $200 meg dedication to encourage power and power activity — and held it up as an warning of how joint USA crapper make money at the aforementioned time it builds the country.

"Companies same Intel are proving that we crapper compete — that instead of just existence a commonwealth that buys what's made overseas, we crapper make things in USA and sell them around the globe," Obama said. "Winning this rivalry depends on the superiority and power of our clannish sector. . But it's also feat to depend on what we do as a commonwealth to make USA the prizewinning locate on connector to do business."

Obama's West Coast swing, which also included a dinner with bounteous obloquy in California's Silicon Valley including Apple's Steve Jobs and Facebook's Mark Zuckerberg, was conception of his nearby to encourage a budget offering that increases outlay in targeted areas same education, investigate and development and high-speed Internet, patch cutting in other areas. Republicans newly in control of the House are actuation much deeper cuts and resisting newborn spending.

The party is also attractive Obama to duty for avoiding momentous changes to the biggest budget busters: Social Security, Medicare and Medicaid. In the Republicans' weekly broadcasting address, Rep. Tom Price, R-Ga., trumpeted the GOP's nearby to cut $60 billion from the current business year budget and promised a 2012 budget offering that, unlike Obama's, offers "real entitlement reform."

"Our reforms module pore both on action these programs for current and forthcoming generations of Americans and on getting our debt low control and our frugalness growing," Price said. "By attractive grave steps nervy now, we crapper fulfill the assignment of upbeat and withdrawal section for every Americans without making changes for those in or nearby retirement."

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Online:

Obama address: www.whitehouse.gov

GOP address: http://www.youtube.com/RepublicanConference


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