Opening and Closing Remarks by the President to the Council on Jobs and Competitiveness
The White House
Office of the Press Secretary
For Immediate Release
January 17, 2012
State Dining Room
11:13 A.M. EST
THE PRESIDENT: Please, have a seat, everybody. For those of you who I have not seen since before the break, Happy New Year.
I am extraordinarily grateful for all the work that you have done. I want to start off by thanking Jeff for his continued outstanding leadership of this Jobs Council. I think that the plan is for me to maybe just open up with a few remarks and then weve got a whole bunch of presentations, so I dont want to take too much time. Is that all right with you, Mr. Chairman?
MR. IMMELT: Thats great.
THE PRESIDENT: One of the things thats been striking about this Jobs Council is how focused and how hard-working everybody has been around this table. This has not been a show council. This has been a work council. And because of the extraordinary commitments that each and every one of you have made, we have generated I think as good a set of proposals as we have seen coming out of the private sector to help to guide and steer our economic agenda and our approach to jobs and growth over the next couple of years.
In each of the earlier meetings, we discussed the key role that we all play in accelerating growth and improving Americas competitiveness, and that the economic recovery has to be driven by the private sector. We have moved aggressively to implement your recommendations. As I think youve heard, of your 35 executive action recommendations, weve taken action on 33 of them; weve completed the implementation of 16 of them. And Ill highlight a couple of examples.
Building on some of the Job Councils National Investment Initiative recommendations, last week the Vice President and I hosted a forum on the increasing trend of insourcing -- companies choosing to invest in the United States. And Intel and DuPont participated, along with several dozen other companies. We discussed tangible ways that we can encourage domestic investment, and I announced a number of new initiatives and new tax proposals to provide further incentives for companies to increase investment in the United States, including expanding on SelectUSA, one of the recommendations in your last report. And we actually had a company there that had benefitted from the services of SelectUSA, and it confirmed the power and capacity of one-stop shops and a coordinated approach from the federal government for somebody who is interested in investment here in the United States.
Ive personally emphasized to the White House team and to the Cabinet the importance of aggressively implementing the recommendations of this Job Council. I have been tracking implementation of your recommendations. And weve seen substantial progress across the board.
http://www.whitehouse.gov/the-press-office/2012/01/17/opening-and-closing-remarks-president-council-jobs-and-competitiveness
No jobs plan, Willard?