US President Barack Obama said on Friday that “putting the economy into overdrive” is a top priority, even as a new poll showed the public giving him poor marks in this area.
The Associated Press-GfK poll underscored the selling job that confronts the president as he prepares to seek a second term: People like Obama personally, but just 35 percent say the economy’s gotten better during his tenure.
Appearing in Schenectady, New York, on Friday, Obama announced that he was naming General Electric Co (GE) CEO Jeffrey Immelt as the head of a Council on Jobs and Competitiveness, Obama’s latest move to court a business community that he’s clashed with amid continued high unemployment.
Addressing workers at a GE plant, Obama recommitted himself to spending the next two years trying to speed up the economic recovery. His success or failure there is likely to be the central issue of the coming 2012 presidential campaign.
“Our job is to do everything we can to ensure that businesses can take root and folks can find good jobs,” the president said.
“We’re going to build stuff and invent stuff,” Obama said, emphasizing the need to boost US exports to countries around the world, an issue that was a focus during the visit of Chinese President Hu Jintao (胡錦濤) to the White House this week.
“That’s where the customers are. It’s that simple,” Obama said.
His choice of Immelt to head the competitiveness panel won applause from the US Chamber of Commerce, which called it a “promising step” toward creating jobs and enhancing US competitiveness.
However, the Alliance for American Manufacturing condemned the choice, dismissing Immelt as “an outsourcing CEO” whose appointment would “alienate working class voters.”
That underscored a fine line for Obama in pushing for growth into the global marketplace while still looking out for the interests of US workers.
The competitiveness panel replaces Obama’s Economic -Recovery Advisory Board, which had been chaired by former US Federal Reserve chairman Paul Volcker. Obama announced late on Thursday that Volcker, as expected, was ending his tenure.
The change in the advisory board signals Obama’s intention to shift from policies that were designed to stabilize the economy after the 2008 financial meltdown, to a renewed focus on increasing employment. The White House says the board’s mission will be to help generate ideas from the private sector to speed up economic growth and promote US competitiveness.
The shift in focus is aimed at winning over a public that remains skeptical of the administration’s economic policies. Over half of those surveyed in the AP-GfK poll disapprove of how Obama has handled the economy, while 75 percent rate the economy as poor.
However, three-quarters do say it’s unrealistic to expect noticeable improvements after two years; they say it will take longer.
Mindful of those sentiments Obama told listeners on Friday that “it’s a great thing that the economy’s growing — but it’s not growing fast enough.”
For Obama, the visit to GE was also an opportunity to claim credit for tax, trade and energy policies pursued by his administration as the nation attempts to recover from the worst recession since the 1930s. It’s the first of many treks during the second half of his term that the president is expected to take to put a more hopeful countenance on the economy amid stubbornly high unemployment.
The GE plant is benefiting from a power turbine contract with India announced during Obama’s Southeast Asia trip in November last year.
Immelt also has been an advocate of alternative forms of energy and the GE facility, the company’s largest energy plant, is the future site of GE’s advanced battery manufacturing program. New battery technology has become something of an Obama pet project as a symbol of innovation, clean energy and job creation.
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