Of course, there?s been a real debate about where to invest and where to cut, and I?m committed to working with members of both parties to cut our deficits and debt. But we can?t simply cut our way to prosperity. We need to do what?s necessary to grow our economy; create good, middle-class jobs; and make it possible for all Americans to pursue their dreams.
Segueing from his speech announcing a drawdown of troops in Afghanistan to "nation building here at home," President Obama in his weekly address this morning hammered on the need to invest and build out the stagnating economy and focus on job creation. The address was recorded at Carnegie Mellon in Pittsburgh, where the president announced a new alliance between university research departments, the government and private enterprise.
He used the example of a firm called RedZone Robotics to illustrate the new push for cooperation through the Advanced Manufacturing Partnership and benefits that will come from it:
Their mission is to come up with a way to get ideas from the drawing board to the manufacturing floor to the marketplace as swiftly as possible, which will help create quality jobs, and make our businesses more competitive. But they also have a broader mission. It?s to renew the promise of American manufacturing. To help make sure America remains in this century what we were in the last?a country that makes things. A country that out-builds and out-innovates the rest of the world.
Infrastructure-building, creating new jobs in emerging industries and reinvigorating America's manufacturing base are all tied in with the president's view of how we move ahead.
He closed the address with his signature acknowledgement of tough times but his basic optimism in America's ability to survive:
I know these have been tough years for American manufacturing, and all the workers and families who?ve built their lives around it. But being here in Pittsburgh, I?m hopeful about the future. I?m hopeful when I think about how companies like RedZone are reinvigorating manufacturing or about how what started as a small trade school is now a global research university. We are a people who?ve always adapted to meet the challenges of a new time; who?ve always shaped our own destiny, and I?m absolutely confident that that?s what we?re going to do one more time.
The full transcript can be found beneath the fold and on the White House website.
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