In India, Obama unveils nearly $10 billion in export deals

Los Angeles Times ^ | 7 November 2010 | Christi Parsons and Don Lee

[Racehorse]

President Obama on Saturday announced a loosening of U.S. restrictions in trade with India and unveiled almost $10 billion in export deals he said could lead to 50,000 American jobs, as he moved quickly to show a laser-like focus on the economy after a bruising midterm election.

Although many of the agreements, including the sale of Boeing aircraft and General Electric turbines, have been in discussion for some time, Obama held up the deals as examples of the great potential for expanding trade and commercial links between the world's two largest democracies.

But as he launched a 10-day, four-nation Asia tour aimed at opening up foreign markets for U.S. goods, the president's remarks pointed up the challenges he faces trying to craft a vision for the global economy that will be palatable to both Americans and export-driven Asian economies.

Obama's task has been complicated by America's slow economic growth and high unemployment, which have not only cost him politically at home but weakened his hand on the international stage.

Although the president enjoys widespread popularity in Asia, his efforts to rebalance world trade have aroused suspicion in India and elsewhere. So has his tough talk on the outsourcing of U.S. jobs abroad.

"I want to be honest," Obama said at a business summit here with U.S. and Indian executives. "There are many Americans whose only experience with trade and globalization has been a shuttered factory or a job that was shipped overseas."

[. . .]

"It is a dynamic two-way relationship that is creating jobs, growth and higher living standards in both countries," he said.

But as the president debuted a message of globalization as a key to America's return to prosperity, he did not offer many specifics about how that might happen.

[Da Coyote]

LAT, you’e long ago squandered any semblance to sanity - or ability to judge business dealings.

Please get back to reporting on things more towards your IQ - such as celebrities...and leave the thinking to we conservatives.

It’s much safer that way.

[bitterohiogunclinger]

“..as he moved quickly to show a laser-like focus on the economy after a bruising midterm election.”

BWAHAHAHA.

He's running out of money to pay off union buddies.

[Cementjungle]

as he moved quickly to show a laser-like focus on the economy

Thanks... I needed a good laugh.

[arasina]

But as the president debuted a message of globalization as a key to America's return to prosperity, he did not offer many specifics about how that might happen.

That's because he hasn't yet heard from his Puppet Masters on the implementation of the NWO. He's just doing his part, which is to "spread the wealth around" in the U.S. and "level the playing field" so we're on par with all the Third World Nations. It has nothing to do with "America's return to prosperity"; it has everything to do with his belief that America doesn't deserve prosperity.

[rawcatslyentist]

Yee Hawwww....

pre WW1 sweat shops with union oversight/approval/enforcement here we come!!!

Commies/libs are truly brain dead.

[pyx]

What are the names of the THREE HUNDRED (300) Company CEOs that traveled at TAXPAYER expense with Obama to India ?

[Paladin2]

"laser-like focus"

LASER = LameAssSeiuEmployeeRescue

Focus?, no focu Mr. Zer0.

[libertarian27]

laser-like focus?
Who wrote this - a precocious 7 year old?

[Zuben Elgenubi]

" . . . as he moved quickly to show a laser-like focus on the economy after a bruising midterm election."

LOWER MY TAXES!!!

[Venturer]

Although many of the agreements, including the sale of Boeing aircraft and General Electric turbines, have been in discussion for some time,

---

So these were done deal without his ever leaving the US on this expensive excursion.

Well: At least he got to go to the Nehru Museaum

[Cicero]

“Unveils”?

So, if Obama is unveiling these deals, which presumably were sealed before he ever left for India, who was it that veiled them?

Most transparent administration in history? Wizard of Oz?

[ColdOne]

Well: At least he got to go to the Nehru Museaum You forgot the "Festival Of Lights" he HAD to be there for that!

[aNYCguy]

What are the names of the THREE HUNDRED (300) Company CEOs that traveled at TAXPAYER expense with Obama to India ?

What a bizarre claim.

It's an economic summit. Business reps are flying out at their own expense to fight for India's supposed new markets.

[Question Liberal Authority]

$10 billion in export deals

He's taking 5 more trips?

[aNYCguy]

He's taking 5 more trips?

Well done, sir.

[bgill]

Obama's task has been complicated by America's slow economic growth and high unemployment

It's not his but America's fault.

[bgill]

"There are many Americans whose only experience with trade and globalization has been a shuttered factory or a job that was shipped overseas."

Bad, bad, Teleprompter!

[montag813]

Although many of the agreements, including the sale of Boeing aircraft and General Electric turbines, have been in discussion for some time

In other words, Obama is lying again.

[wizkid]

Only $990 billion left to go before he digs us out of the hole that he has dug.