 President Obama speaking to workers at Carnegie Mellon University's National Robotics Engineering Center in Pittsburgh.
June 24th, 2011
11:54 AM ET
Obama forecasts manufacturing comeback President Obama - whose poll numbers have dipped in recent weeks amid a stubbornly sluggish economic recovery - touted the hard-hit manufacturing sector Friday, saying the country’s best production days may well lie ahead. “We are inventors, we are makers, and we are doers. If we want a robust growing economy, we need a robust manufacturing sector,” Obama told a crowd at Pittsburgh’s Carnegie Mellon University, the school founded by steel industrialist Andrew Carnegie nearly 100 years ago. The president’s speech followed a tour through the National Robotics Engineering Center at Carnegie Mellon, which the White House describes as a national effort to encourage investment from industry, universities, and the federal government in emerging manufacturing technologies. “This partnership is about new cutting edge ideas to create new jobs, spark new breakthroughs, reinvigorate American manufacturing today, right now. Not some day off in the future,” Obama said. Among the new technologies the president saw Friday was a robotic pipe inspection that independently navigates through waste-water pipes and new modeling and simulation software created by Proctor and Gamble that the company is releasing free of charge to small and mid-sized manufacturers. That Obama is touting jobs in Pennsylvania is of course no accident. That perennial battleground state is again expected to play a key role in 2012 and the president’s approval rating stands at a wobbly 48 percent there. |
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Of course much of the manufacturing will be performed by 3D printers – this will of course also result in the downfall of the Chinese economy.
With unemployment never going above 8% where will they find all the workers they will need to do all this new work "O" "forecasts"?
AHEM! Unemployment is over 9% percent right now. you must be a Democrat. ANOTHER BIG OLD LIE.
Oil and natural gas are finite resources; American industry needs to get off its butt, and start developing renewable, green energy sources. It's a win-win for everyone: Lead the world in innovation, bring back manufacturing, create jobs here in the US.
Sure, we'll need fossil fuels to move the big stuff like trucks and trains, but there are so many other needs for energy that can be fulfilled using solar, wind, thermal, etc., etc., etc. While they may not all be as cost-effective now as we'd like, it's worth the investment in developing them and finding ways to bring the costs down.
Years ago, computers took up whole buildings and cost millions of dollars; today, that same computing power fits on a chip made for a minute fraction of those previous costs.
We did it once; we can do it again, America!
That was years ago and the Liar, imposter, a man who intends to destroy America was not the President of the U.S. It will be impossible for him to turn it around for he is George Soros's man and the goal is to overthrow America. WAKE UP AMERICANS.
The Computer industry made those huge advances without the help of the federal Govt. Im sick of eeverything needing a Federal Govt answer or partnership or outright bailout. Let the markets do what they have been doing for hundreds of years. We can unleash this economic might of the country by making it less dificult to do business here. Alternate fuels are inevitable in the future but they can't happen overnight. We have to develope our own follsil resources to maintain security in the meantime.
Yes we can!
MY GOSH YOU ALREADY DID THAT AND NOW LOOK WHERE WE GOT. THAT IS AN OLD CLICHE NOW THAT IS NOT EVEN FUNNY. YOUR WALK ON WATER IS THROUGH. A ONE TERMER AND IS OUT ON HIS REAR.
Note to Obama.......SHUT UP! Nobody believes anything you say about the economy, you are a self serving in-experienced junior senator from Illinois with no clue how to accomplish anything. And to make it worse, Biden is the laughing stock of America.
Right, his policies kept our country from going into a Great Depression; he's bringing the troops home from Afghanistan and Iraq; under his leadership, SEAL Team 6 killed Osama bin Laden. Sounds like he's got more smarts in his pinky than you could ever dream of having in that pointy little head of yours.
No, Obama's policies are making the recession worse and longer, just as FDR's policies did in the thirties.
If manufacturing comes BACK TO THE United States, what worries me are the Unions making all of these ridiculous demands.
Unions back in the 20s and 30s were a good thing, but today Unions have outlived their usefulness they are nothing but dictators now, chasing off manufacturing companies and the American way of life.
Can you say BOEING???
Larry, go read about Boeing. This is just one case in a long line of union dictated disastors for business. You really need to read more and stop listening to Maddow, O'Donnel, Sink and the gang.
Like more Americans, you take so many things for granted and naively assume that if unions went away, employers would not once again take advantage of workers.
And that they would...that is what the Koch Brothers, Murdoch, and radical right governors bank on...breaking unions.
You just can't let them do it.
The current unrest in China is due to their wage increase demands. That is why some manufacturing is being shipped back to this country. Well what are the rich industrialist going to do when everyone has the smarts to demand better pay?
If we get our act together and go flat out for renewable energy, manufacturing innovation, and yes the bullet train, you won't recognize this country in 20 years. We can do this...and if you are to survive in the real future world of this century (which we are only 1/10th of the way into)...you must do this.
Do you young people know what this country looked like in 1945 compared to today?
At 76, I'm very optimistic for your future. More so than you seem to be.
Larry, unions are essentially monopolies on classes of labour. If a monopoly is the only source of something you need, you pay their price or do without–unless you have some way of applying pressure to the monopoly. In this country, the means of applying pressure has been to threaten to shut down whatever you were going use union workers for. But in an action of astonishing over-reach, the NLRB is trying to prevent a US company, Boeing, from declining to do business with a union. This may well result in Boeing leaving the US altogether–I hear they're already in negotiations with Canada.
Last I checked he wanted to raise taxes on the rich.If you are that 1% yay for you. Giving rich people more money does not create jobs. They just stash the money off shore and go on vacations. Tax the bastards, they have more than enough. If I were lucky enough to make over 250K a year I would gladly pay in to the system that made my wealth possible, it is my patriotic duty to support the country that has been so good to me.
Actually, the number they are looking at now is $200K – I'm just saying. You do understand that the top 5% of earners in a given year pay 37% of federal taxes – right? SO let's say you made $250K next year and the feds took 37% of it – and you live in NY so you had to pay the state another 16% of it – and you obviously bought a nice house so you also had about 15-40K in property taxes. Then, your business went under for whatever reason and two years from now you earned $30K. Good luck making ends meet the year after next rich guy...
After all the write-offs and loop holes it's more like 11%. Sen. Sanders showed the figures.
Larry. I lived it. Stop listening to the lies these politicians are telling you. Listen to the small business owners – the people who actually have something to offer. Bernie Sanders is a complete nut case and he, Pelosi, Boxer, Frank and a bunch more of these nut cases are leading this country to ruins.
I'll go with Senator Sander's assessment of the final tax situation.
And lo here is John, whining about paying taxes, but he never wants to admit when discussing taxes that all the little people pay state and property tax, and when they work taxes are withheld for many things .... and even if they are retired, federal, state and property taxes are owed.
If you go to alternet org Tax Day Question Who's Paying What? You will realize the little guy is paying more than in 1981, and the person earning $250,000 was paying $126,953 in 1981, and today is paying $67,398.
I say end the Bush era tax breaks for the top 2% and if needed readjust taxes for small businesses, but corporations paying less than the secretary that works for them should stop.
Dean
The idiot wants to raise taxes on the manufacturing sector. Obama is a dangerous imbicile.
Businesses move their operations over seas because the money they make offshore is not taxed here. Those tax deferments should be removed so businesses no longer have the big incentive to move offshore. The GOP spin machine calls that raising taxes on manufacturing and you believe their talking point without thinking about the problem.
Hasn't anybody noticed that unions have been around for decades, wages have been lower in other countries for decades, and offshoring really took off around ten years ago? It's the tax policy that has changed.
Go and educate yourself on Boeing and the unions. It has already cost Boeing millions to fight the dictortorial demands of the unions. The unions are going to lose in the long run, but it will cost millions of unnecessary dollars by one of the largest employers in this country.
I agree we need a strong manufacturing sector to achieve a strong economy. Unfortunately, I do not see proof of that. I hope it's true, but I think we have a long way to go before we're back to where we were in the 50's and 60's.
You Tea Baggers would hate to see anything good happen on Obama's watch. You are the American Taliban – not fit to live in our country.
Eventually, all high tech manufacturing ends up in Asia anyway. The Tea Pugs plan to end abortion at the same time ending social services and educational help to the underclass. This is to guarantee that America hastens its way to being a Feudalist society with a broad majority of low educated people working for less than minimum wages. In a future coming soon to an America near you; American workers will be making sneakers while China, India, Japan, Brazil and others make all the Ipad thingies.
So with a useless non revenue collecting Federal Government; the NRA society will grow the Blackwater Company to be the planet’s mightiest private army to police the earth.
No, Obama is hoping for a manufacturing comeback, because if he doesn't get it, he's out of a job in nineteen months. But his party keeps insisting on doing everything it can–
Threatening tax hikes,
Spending insane amounts of money and raising the debt to terrifying levels,
Demanding the right to spend even more and raise the debt even higher by insisting on raising the debt ceiling,
Limiting oil exploration and ensuring the price of gas and cost of manufacturing continues to climb,
Having the NLRB try to strong-arm corporations, and
Burdening companies with crushing new regulations
–to drive manufacturing out of the US altogether.
I share your views on this one Mr. President. Don't let the FOX mongers tell you otherwise. Their rabid comments and dislike of everything you do will haunt them and their viewers some day . . . like on your reelection day.