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White House Releases Report on National Export Initiative

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President with members of PECToday the White House released a report to the president on the National Export Initiative (NEI). It detailed the way the Export Promotion Cabinet plans to meet the president’s goal of doubling U.S. exports in five years to support millions of new jobs.

Since the president announced the NEI, the Department of Commerce’s Advocacy Center has assisted American companies competing for export opportunities, supporting $11.8 billion in U.S. exports and an estimated 70,000 jobs. To date, the Commerce Department has coordinated 20 trade missions with over 250 U.S. companies to 25 countries.

Expanding into new markets is key for America’s growth as Commerce Secretary Gary Locke said today, “As American consumers spend a little less and save a little more, it has never been more important to connect U.S. businesses to the 95 percent of the world's consumers who live outside our borders. Helping American companies sell more abroad will create jobs and boost our economy. This report is a blueprint for doing just that.” 

For more information, read the complete NEI report, the executive summary and the press release.  See  the International Trade Administration's NEI website.  |  NEI meeting video

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To Promote Exports, We Must Promote Production

Isn't the only REAL way to do this to reduce cost to manufacturers so that they'll want to come work here. Much the same way Silicon valley is moving to Alabama from California because of reduced taxes, we can increase production jobs in the US by providing incentive for companies to produce here, such as HUGE tax cuts, etc.

-Dr. Oz