Obama details new push to bring jobs back to U.S.

[admin]

Obama details new push to bring jobs back to U.S.
from MarketWatch.com - MarketPulse
WASHINGTON (MarketWatch) - President Barack Obama is launching a full court press to make it easier for companies to bring jobs back to the U.S., including eliminating certain tax breaks that the administration says gives advantages to companies moving jobs overseas, the White House announced Wednesday. Obama is hosting a group of business leaders including executives from Ford Motor Co and Dupont Co to discuss "insourcing" American jobs. In remarks prepared for delivery to the forum later this morning, Obama will call on other businesses to take this opportunity to bring jobs back. The U.S. economy "has the most productive workers, best universities, and most creative and innovative entrepreneurs in the world," Obama said. The White House also released a report highlighting what it called "an emerging trend" of insourcing. In the past two years, 334,000 manufacturing jobs have been created, the report noted.