Guest blog post by Penny Pritzker, Secretary of Commerce
All Americans love a comeback story. And that is the story that President Obama weaved in his powerful State of the Union address.
Thanks to the grit, resilience and hard work of the American people and our businesses, more than 2 million jobs were created last year and we hit the lowest unemployment rate in more than five years. We have a manufacturing sector that has added over half-a-million jobs. Our stock market is booming. We have record exports. Our housing market is rebounding. And we've cut our deficits by more than half.
And while we have more work to do to lift incomes, expand opportunity for our people and help businesses with the tools they need to grow and hire, both President Obama and I are optimistic about America's future.
We both know that 2014 can be a breakthrough year for America, and we are better positioned for this century than any nation on earth.