Old news Obama: Asia has a head of steam and US is stuck on track
The trouble with electing fresh people like Obama who has little current knowledge and experience in the business world is that they believe what they witness to be new news, but it isn’t.
I first engaged the international business community in the early 1980’s. I participated in my first Asia Pacific Economic Cooperative meeting in 1997. My eyes were wide open then, astonishingly so, at how Asian economies and working people were so invigorated. I saw it in Tokyo and Seoul. I witnessed it working with BaoSteel from Baoshan Province China.
I reported to government customers as much with some details related to manufacturing industry, including making a visit to the Department of Defense Industrial Policy office on multiple occasions. The trouble is the bureaucracy keeps churning out the same Rand studies that say manufacturing resources are diminishing.
They say nothing about what to do about it.
I have a plan for Renewing Manufacturing America that I am advocating now to a new Congress.
“Obama back from Asia pumping economic competition
By Scott Wilson
Washington Post Staff Writer
Sunday, November 14, 2010; 8:47 PM
President Obama returned from Asia on Sunday with a warning to Republican congressional leaders and the American public, saying the United States is "going to have to step up our game" to compete with the potent Asian economies he witnessed.
Speaking to reporters aboard Air Force One, Obama said he learned during his 10-day trip that "all of Asia is eager for American engagement and leadership," adding that after a period of difficult economic times at home "there's a tendency for us to think that somehow Asia is moving and we're forgotten."
"We should feel confident about our ability to compete, but we are going to have to step up our game," he said, adding that spending on education and in other areas that are important to long-term economic development should be a priority.
Obama left Washington soon after the Nov. 2 midterm elections, which handed Democrats a sharp setback with the loss of their House majority and a handful of Senate seats. He will meet this week with emboldened Republican leaders to identify issues on which the two parties can work together, such as the expiring George W. Bush-era tax cuts and an arms-control agreement with Russia.
But before his planned meeting Thursday at the White House with congressional leaders from both parties, Obama warned Republicans, in particular, that "campaigning is different than governing."”