"Insourcing" jobs here at home
President Obama dedicated this week's address to "insourcing" jobs here at home. Following a forum on the subject this past week, the President laid out his plan:
"This week, I invited executives from businesses that are insourcing jobs to a forum at the White House. These are CEOs who take pride in hiring people here in America, not just because it's increasingly the right thing to do for their bottom line, but also because it's the right thing to do for their workers and for our communities and for our country.
I told those CEOs what I'll tell any business leader: ask yourself what you can do to bring more jobs back to the country that made your success possible. And I'll make sure that you've got a government that does everything in its power to help you succeed.
That's why, in the next few weeks, I will put forward new tax proposals that reward companies that choose to do the right thing by bringing jobs home and investing in America -- and will eliminate tax breaks for companies that move jobs overseas."
Here is the video from this week's forum:
The President also discussed his plans to streamline government services - a plan President Obama feels will help small businesses:
"These changes will make it easier for small business owners to get the loans and support they need to sell their products around the world. For example, instead of forcing small business owners to navigate the six departments and agencies in the federal that focus on business and trade, we'll have one department. One place where entrepreneurs can go from the day they come up an idea and need a patent, to the day they start building a warehouse, to the day they're ready to ship their products overseas.
And in the meantime, we're creating a new website -- BusinessUSA -- that will serve as a one-stop shop with information for businesses small and large that want to start selling their stuff around the world."
President Obama's Weekly Address:
