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Dienstag, 9. Oktober 2012

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Dienstag, 4. September 2012

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Speech from Werner Faymann by the Europäische Forum Alpbach 2012


30.08.2012

Rede des Bundeskanzlers beim Economic Symposium

President of the Commission,
 
Vice Chancellor,
 
Ladies and Gentlemen,

The Austrian Federal Government has taken a wide range of actions in order to counter the economic crisis. Austria has – as is well-known – the lowest unemployment rate in Europe.

Consolidation packages involving income and expenditure side measures of more than 27 billion euro until 2016 have become necessary. This also included actions taken to save banks.

States do, however, not save banks only for the sake of banks or to protect their shareholders or creditors. No, they do so because states hold an overall responsibility – for employees, depositors, companies and borrowers. And all across Europe states have taken similar actions in order to enable the Union to manage the current economic crisis.

A frequently asked question in this context is: What are the benefits of European integration? We therefore commissioned the Austrian Institute of Economic Research with preparing a study on the pros and cons of European integration and the impacts a re-dimensioning of the euro area might have on Austria.

Let me briefly quote from this study: The opening to the East results in an annual increase of 0.2 per cent in Austria’s GDP growth. EU membership brings an additional 0.6 per cent increase per year, membership in the eurozone and EU enlargement each contribute with a plus of 0.4 per cent to Austria’s annual GDP growth.

The Institute calculated that the accumulated effect of European integration – which is due to overlaps lower than the sum of individual effects – contributes with a plus of 1 per cent annually to Austria’s GDP growth.

The benefits of eurozone membership include: A growth increase that results in an increase in economic output of 16.5 billion in 2012. Since the introduction of the euro in 2002, Austria’s economy has grown faster than the European Economic Area average each year, becoming the third-wealthiest EU Member State and, what is most important, the country with the lowest unemployment rate.

In contrast to that a breaking-up of the eurozone would lead to the following results according to the Austrian Institute of Economic Research: 32 billion euro less GDP in the first year – equalling a sharp economic decline of 11 per cent and the most serious recession Austria has seen to date. It would take our country 5 years to recover from this slump. The unemployment rate would increase by 3.3 percentage points – meaning that an additional 140,000 people would have no job.

We cannot even predict the social costs and the political consequences of such a scenario.

Scenario back to national currencies

Allow me again to quote the Austrian Institute of Economic Research: "In this case the overall economic and social costs would be clearly higher than the above mentioned GDP losses of 32 billion euro." "The probable revaluation of the Schilling would result in enormous losses in market shares on the global market".

"It is to be expected that speculative attacks will be launched against the Schilling on the financial markets which would contribute to a further increase in exchange rate volatility".

These findings clearly show that we must be constructive – and not destructive.

Never before has the number of people in employment in Austria been as high as it is to date.  More than a million jobs directly depend on Austria’s performance in the field of exports. 70 per cent of our external trade is in the EU 27 with more than half of it in the eurozone alone.  In 1999 our goods export rate amounted to just a little over 30 per cent, now it has reached almost 43 per cent. And Austria currently enjoys an excellent position on the financial markets.

It is therefore necessary to take the following economic policy steps:
  1. Introduction of the financial transactions tax by the end of the year in the Coalition of the Willing, involving nine, ten or eleven EU Member States. The process is already underway, the relevant motion is to be submitted soon. This is a major step and a major success for Austria, the country that has most insistently advocated the financial transactions tax – as Jose Manuel Barroso has frequently stressed.
    Let me take this opportunity to also thank the EU Commission very warmly for its work and support in this area.
  2. Common banking supervision equipped with rights of intervention enabling swift action to be taken where needed.
  3. A banking licence for the ESM. Many economists, and Governor Nowotny from the Austrian National Bank, are convinced that it is necessary to clearly increase the ESM’s power to act.
    Some mobilisation of political will is, however, still necessary in this context.
  4. Common debt management in the eurozone in order to further protect the currency area against speculation and to ensure that the entire currency area in which 330 million people live and work remains secure and unimpaired.
Ladies and Gentlemen, let me clarify one thing: It would be naïve to accept joint liabilities without ensuring that strict rules for budget discipline, for a consolidation course are in place – including a joint European control and management mechanism.

Social union, economic union, democratic union – these are developments, European goals and visions for Europe that must be realised together. There is no "either or", but only a "combination of all".

It has a certain similarity with mountain climbing – a tempting comparison here in the beautiful alpine village of Alpbach. Here a combination of good equipment and good cooperation are key – because climbing a mountain is a joint project.

I hope for your continued support in this joint effort, thank you for your attention and wish you a pleasant stay and interesting discussions. 





Sonntag, 2. September 2012

Charlotte in 2012 Online Store


 
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Sonntag, 10. Juni 2012

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Eurokrise: In Washington wächst die Sorge um Europa 10.06.2012 | Nachricht | finanzen.net

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Deutscher Spareifer gefährdet Obamas Wiederwahl | Alle | News | CASH

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Samstag, 9. Juni 2012

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Freitag, 8. Juni 2012

Remarks by President Obama at Press Conference on the Economy


James S. Brady Press Briefing Room

10:40 A.M. EDT

THE PRESIDENT:  Good morning.  I just want to say a few words about the economy, and then I will take some of your questions.

Today, we’re fighting back from the deepest economic crisis since the Great Depression.  

After losing jobs for 25 months in a row, our businesses have now created jobs for 27 months in a row -- 4.3 million new jobs in all.  

The fact is job growth in this recovery has been stronger than in the one following the last recession a decade ago.  

But the hole we have to fill is much deeper and the global aftershocks are much greater.  That’s why we've got to keep on pressing with actions that further strengthen the economy.

Right now, one concern is Europe, which faces a threat of renewed recession as countries deal with a financial crisis.  Obviously this matters to us because Europe is our largest economic trading partner.  If there’s less demand for our products in places like Paris or Madrid it could mean less businesses -- or less business for manufacturers in places like Pittsburgh or Milwaukee. 

The good news is there is a path out of this challenge.  These decisions are fundamentally in the hands of Europe’s leaders, and fortunately, they understand the seriousness of the situation and the urgent need to act.  I’ve been in frequent contact with them over the past several weeks, and we know that there are specific steps they can take right now to prevent the situation there from getting worse.

In the short term, they’ve got to stabilize their financial system.  And part of that is taking clear action as soon as possible to inject capital into weak banks.  Just as important, leaders can lay out a framework and a vision for a stronger eurozone, including deeper collaboration on budgets and banking policy.  Getting there is going to take some time, but showing the political commitment to share the benefits and responsibilities of a integrated Europe will be a strong step. 

With respect to Greece, which has important elections next weekend, we’ve said that it is in everybody’s interest for Greece to remain in the eurozone while respecting its commitments to reform.  We recognize the sacrifices that the Greek people have made, and European leaders understand the need to provide support if the Greek people choose to remain in the eurozone.  But the Greek people also need to recognize that their hardships will likely be worse if they choose to exit from the eurozone. 

Over the longer term, even as European countries with large debt burdens carry out necessary fiscal reforms, they’ve also got to promote economic growth and job creation.  As some countries have discovered, it’s a lot harder to rein in deficits and debt if your economy isn’t growing.  So it’s a positive thing that the conversation has moved in that direction, and leaders like Angela Merkel and Francois Hollande are working to put in place a growth agenda alongside responsible fiscal plans. 

The bottom line is the solutions to these problems are hard, but there are solutions.  The decisions required are tough, but Europe has the capacity to make them.  And they have America’s support.  Their success is good for us.  And the sooner that they act, and the more decisive and concrete their actions, the sooner people and markets will regain some confidence and the cheaper the costs of cleanup will be down the road.

In the meantime, given the signs of weakness in the world economy, not just in Europe but also some softening in Asia, it's critical that we take the actions we can to strengthen the American economy right now.

Last September, I sent Congress a detailed jobs plan full of the kind of bipartisan ideas that would have put more Americans back to work.  It had broad support from the American people.    It was fully paid for.  If Congress had passed it in full, we’d be on track to have a million more Americans working this year.  The unemployment rate would be lower.  Our economy would be stronger.

Of course, Congress refused to pass this jobs plan in full. They did act on a few parts of the bill -- most significantly the payroll tax cut that’s putting more money in every working person’s paycheck right now.  And I appreciate them taking that action.  But they left most of the jobs plan just sitting there. And in light of the headwinds that we’re facing right now, I urge them to reconsider.  Because there's steps we can take right now to put more people back to work.  They’re not just my ideas; they're not just Democratic ideas -- they’re ideas that independent, nonpartisan economists believe would make a real difference in our economy.  

Keep in mind that the private sector has been hiring at a solid pace over the last 27 months.  But one of the biggest weaknesses has been state and local governments, which have laid off 450,000 Americans.  These are teachers and cops and firefighters.  Congress should pass a bill putting them back to work right now, giving help to the states so that those layoffs are not occurring.

In addition, since the housing bubble burst, we’ve got more than a million construction workers out of work.  There’s nothing fiscally responsible about waiting to fix your roof until it caves in.  We've got a lot of deferred maintenance in this country.  We could be putting a lot of people back to work rebuilding our roads, our bridges, some of our schools.  There's work to be done; there are workers to do it.  Let’s put them back to work right now.

The housing market is stabilizing and beginning to come back in many parts of the country.  But there are still millions of responsible homeowners who've done everything right but still struggle to make ends meet.  So, as I talked about just a few weeks ago, let’s pass a bill that gives them a chance to save an average of $3,000 a year by refinancing their mortgage and taking advantage of these historically low rates.  That's something we can do right now.  It would make a difference.

Instead of just talking a good game about job creators, Congress should give the small business owners that actually create most of the new jobs in America a tax break for hiring more workers.
These are ideas that, again, have gotten strong validation from independent, nonpartisan economists.  It would make a difference in our economy.  And there's no excuse for not passing these ideas.  We know they can work.

Now, if Congress decides, despite all that, that they aren’t going to do anything about this simply because it’s an election year, then they should explain to the American people why.  There’s going to be plenty of time to debate our respective plans for the future.  That’s a debate I’m eager to have.  But right now, people in this town should be focused on doing everything we can to keep our recovery going and keeping our country strong.  And that requires some action on the part of Congress.  So I would urge them to take another look at some of the ideas that have already been put forward.

And with that, I'm going to take a couple of questions.  And I'm going to start with Caren Bohan -- who is with Reuters, but as we all know, is about to go get a fancy job with National Journal.  (Laughter.)  And we're very proud of her.  So congratulations to you, Caren.  You get the first crack at me.

Q    Thank you very much, Mr. President.  Could you tell the American people what role the United States is playing in the European debt crisis?  And also, do you think European leaders have a handle on what’s needed to stem the crisis?  And finally, you talked about a number of ideas that you’ve already put forth to shield the American economy.  Do you plan to give a speech or lay out additional ideas now that the crisis is really escalating?

THE PRESIDENT:  Well, a couple of things.  First of all, the situation in Europe is not simply a debt crisis.  You’ve got some countries like Greece that genuinely have spent more than they’re bringing in, and they’ve got problems.  There are other countries that actually were running a surplus and had fairly responsible fiscal policies but had weaknesses similar to what happened here with respect to their housing market or the real estate markets, and that has weakened their financial system.  So there are a bunch of different issues going on in Europe.  It’s not simply a debt crisis.

What is true is, is that the markets getting nervous have started making it much more expensive for them to borrow, and that then gets them on a downward spiral. 

We have been in constant contact with Europe over the last  -- European leaders over the last two years, and we have consulted with them both at the head of government and head of state level.  I frequently speak to the leaders not only at formal settings like the G8 but also on the telephone or via videoconference.  And our economic teams have gone over there to consult.
As I said in my opening remarks, the challenges they face are solvable.  Right now, their focus has to be on strengthening their overall banking system -- much in the same way that we did back in 2009 and 2010 -- making a series of decisive actions that give people confidence that the banking system is solid, that capital requirements are being met, that various stresses that may be out there can be absorbed by the system.  And I think that European leaders are in discussions about that and they’re moving in the right direction.

In addition, they’re going to have to look at how do they achieve growth at the same time as they’re carrying out structural reforms that may take two or three or five years to fully accomplish.  So countries like Spain and Italy, for example, have embarked on some smart structural reforms that everybody thinks are necessary -- everything from tax collection to labor markets to a whole host of different issues.  But they've got to have the time and the space for those steps to succeed.  And if they are just cutting and cutting and cutting, and their unemployment rate is going up and up and up, and people are pulling back further from spending money because they're feeling a lot of pressure -- ironically, that can actually make it harder for them to carry out some of these reforms over the long term.

So I think there's discussion now about, in addition to sensible ways to deal with debt and government finances, there's a parallel discussion that's taking place among European leaders to figure out how do we also encourage growth and show some flexibility to allow some of these reforms to really take root.

Now, keep in mind that this obviously can have a potential impact on us because Europe is our largest trading partner.  The good news is, is that a lot of the work we did back in 2009 and 2010 have put our financial system on a much more solid footing. Our insistence of increasing capital requirements for banks means that they can absorb some of the shocks that might come from across the Atlantic.  Folks in the financial sector have been monitoring this carefully and I think are prepared for a range of contingencies.

But even if we weren't directly hit in the sense that our financial system still stayed solid, if Europe goes into a recession that means we're selling fewer goods, fewer services, and that is going to have some impact on the pace of our recovery.  So we want to do everything we can to make sure that we are supportive of what European leaders are talking about.  Ultimately, it is a decision that they've got to make in terms of how they move forward towards more integration, how they move forward in terms of accommodating the needs for both reform and growth.

And the most important thing I think we can do is make sure that we continue to have a strong, robust recovery.  So the steps that I've outlined are the ones that are needed.  We've got a couple of sectors in our economy that are still weak.  Overall, the private sector has been doing a good job creating jobs.  We've seen record profits in the corporate sector. 

The big challenge we have in our economy right now is state and local government hiring has been going in the wrong direction.  You've seen teacher layoffs, police officers, cops, firefighters being laid off.  And the other sector that's still weak has been the construction industry.  Those two areas we've directly addressed with our jobs plan.  The problem is that it requires Congress to take action, and we're going to keep pushing them to see if they can move in that direction.
Jackie Calmes.  Where did Jackie go?  There she is.

Q    Thank you, Mr. President.  I'd like to ask you a couple -- about what a couple of other people have said about Europe.  And one is that I'd like to know if you agree with former President Bill Clinton, who said in the past week that the European's policies that you've described here today are much like those of the Republicans in this country -- politics of austerity that would take us in the same direction as Europe -- if you agree with that.  The Republicans, for their part, have said that you're simply blaming the Europeans for problems that have been caused by your own policies.  So I'd like you to respond to both of those.  And also, tell us precisely how much time you personally spend on the European situation.

THE PRESIDENT:  Any other aspects to the question?  (Laughter.)

Q    I do have more questions.  (Laughter.)

Q    Is she going to National Journal?  (Laughter.)  

THE PRESIDENT:  First of all, in terms of the amount of time I spend -- look, I think it's fair to say that over the last two years I'm in consistent discussions with European leadership and consistent discussions with my economic team.

This is one of the things that's changed in the world economy over the last two or three decades, is that this is a global economy now, and what happens anywhere in the world can have an impact here in the United States.  Certainly that's true after the kind of trauma that we saw in 2008 and 2009.

And if you think about the situation in Europe, they're going through a lot of the things that we went through back in 2009, 2010, where we took some very decisive action.  The challenge they have is they’ve got 17 governments that have to coordinate -- 27 if you count the entire European Union, not just the eurozone.  So imagine dealing with 17 Congresses instead of just one.  That makes things more challenging.

But what we’ve tried to do is to be constructive, to not frame this as us scolding them or telling them what to do, but to give them advice, in part based on our experiences here in having stabilized a financial situation effectively.  And ultimately, though, they're going to have to make a lot of these decisions, and so what we can do is to prod, advise, suggest.  But ultimately, they're going to have to make these decisions.

Now, in terms of characterizing the situation over there, what is absolutely true -- this is true in Europe and it’s true here in the United States -- is that we’ve got short-term problems and long-term problems.  And the short-term problems are:  How do we put people back to work?  How do we make the economy grow as rapidly as possible?  How do we ensure that the recovery gains momentum?

Because if we do those things, not only is it good for the people who find work, not only is it good for families who are able to pay the bills, but it actually is one of the most important things we can do to reduce deficits and debt.  It’s a lot easier to deal with deficits and debt if you’re growing, because you’re bringing in more revenue and you’re not spending as much because people don't need unemployment insurance as much; they don't need other programs that are providing support to people in need because things are going pretty good. 

Now, that's true here in the United States, and that's true in Europe.  So the problem I think President Clinton identified is that if, when an economy is still weak and a recovery is still fragile, that you resort to a strategy of "let’s cut more" -- so that you’re seeing government layoffs, reductions in government spending, severe cutbacks in major investments that help the economy grow over the long term -- if you’re doing all those things at the same time as consumers are pulling back because they're still trying to pay off credit card debt, and there’s generally weak demand in the economy as a whole, then you can get on a downward spiral where everybody is pulling back at the same time.  That weakens demand and that further crimps the desire of companies to hire more people.  And that's the pattern that Europe is in danger of getting into.

Some countries in Europe right now have an unemployment rate of 15, 20 percent.  If you are engaging in too much austerity too quickly, and that unemployment rate goes up to 20 or 25 percent, then that actually makes it harder to then pay off your debts.  And the markets, by the way, respond in -- when they see this kind of downward spiral happening, they start making a calculation, well, if you’re not growing at all, if you’re contracting, you may end up having more trouble paying us off, so we’re going to charge you even more.  Your interest rates will go up.  And it makes it that much tougher.

So I think that -- what we want both for ourselves, but what we’ve advised in Europe as well is a strategy that says let’s do everything can to grow now, even as we lock in a long-term plan to stabilize our debt and our deficits, and start bringing them down in a steady, sensible way. 

And by the way, that’s what we proposed last year; that’s what’s proposed in my budget.  What I’ve said is, let’s make long-term spending cuts; let’s initiate long-term reforms; let’s reduce our health care spending; let’s make sure that we’ve got a pathway, a glide-path to fiscal responsibility, but at the same time, let’s not underinvest in the things that we need to do right now to grow.  And that recipe of short-term investments in growth and jobs with a long-term path of fiscal responsibility is the right approach to take for, I think, not only the United States but also for Europe.

Q    What about the Republicans saying that you’re blaming the Europeans for the failures of your own policies?

THE PRESIDENT:  The truth of the matter is that, as I said, we’ve created 4.3 million jobs over the last 27 months, over 800,000 just this year alone.  The private sector is doing fine. Where we’re seeing weaknesses in our economy have to do with state and local government -- oftentimes, cuts initiated by governors or mayors who are not getting the kind of help that they have in the past from the federal government and who don’t have the same kind of flexibility as the federal government in dealing with fewer revenues coming in. 

And so, if Republicans want to be helpful, if they really want to move forward and put people back to work, what they should be thinking about is, how do we help state and local governments and how do we help the construction industry.  Because the recipes that they’re promoting are basically the kinds of policies that would add weakness to the economy, would result in further layoffs, would not provide relief in the housing market, and would result, I think most economists estimate, in lower growth and fewer jobs, not more. 
All right.  David Jackson.

Q    Thank you, sir.  There are a couple of books out with, essentially, details about national security issues.  There are reports of terrorist kill lists that you supervise and there are reports of cyber-attacks on the Iranian nuclear program that you ordered.  Two things.  First of all, what’s your reaction of this information getting out in public?  And secondly, what’s your reaction to lawmakers who accuse your team of leaking these details in order to promote your reelection bid?

THE PRESIDENT:  Well, first of all, I’m not going to comment on the details of what are supposed to be classified items.  Second, as Commander-in-Chief, the issues that you have mentioned touch on our national security, touch on critical issues of war and peace, and they're classified for a reason -- because they're sensitive and because the people involved may, in some cases, be in danger if they're carrying out some of these missions.  And when this information, or reports, whether true or false, surface on the front page of newspapers, that makes the job of folks on the front lines tougher and it makes my job tougher -- which is why since I've been in office, my attitude has been zero tolerance for these kinds of leaks and speculation. 

Now, we have mechanisms in place where if we can root out folks who have leaked, they will suffer consequences.  In some cases, it's criminal -- these are criminal acts when they release information like this.  And we will conduct thorough investigations, as we have in the past.

The notion that my White House would purposely release classified national security information is offensive.  It's wrong.  And people I think need to have a better sense of how I approach this office and how the people around me here approach this office. 

We're dealing with issues that can touch on the safety and security of the American people, our families, or our military personnel, or our allies.  And so we don’t play with that.  And it is a source of consistent frustration, not just for my administration but for previous administrations, when this stuff happens.  And we will continue to let everybody know in government, or after they leave government, that they have certain obligations that they should carry out. 

But as I think has been indicated from these articles, whether or not the information they've received is true, the writers of these articles have all stated unequivocally that they didn't come from this White House.  And that's not how we operate. 

Q    Are there leak investigations going on now -- is that what you're saying?

THE PRESIDENT:  What I'm saying is, is that we consistently, whenever there is classified information that is put out into the public, we try to find out where that came from. 

Okay?  Thank you very much, everybody.  Thank you.

END
 
11:09 A.M. EDT


Secretary Clinton Meets With Special Envoy Annan

Obama singt Call me maybe kress.de

Obama singt Call me maybe kress.de

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Dienstag, 5. Juni 2012

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The Road We've Traveled

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Sonntag, 3. Juni 2012

Pressträff med statsminister Fredrik Reinfeldt, utrikesminister Hillary Rodham Clinton och utrikesminister Carl Bildt

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gulfnews : Obama blames Europe debt crisis for weak US employment growth

gulfnews : Obama blames Europe debt crisis for weak US employment growth

Will the eurozone collapse? - Inside Story - Al Jazeera English

Will the eurozone collapse? - Inside Story - Al Jazeera English

The National Export Initiative -NEI YouTube

Samstag, 26. Mai 2012

Chancen auf beiden Seiten des Atlantiks: Eine Wachstumsagenda






On 2012/05/25, in US-Wirtschaft/Arbeitsmarkt, Wirtschaft/Handel, by Amerika Dienst

BERLIN – (AD) – Nachfolgend veröffentlichen wir die Rede von US-Wirtschaftsminister John Bryson beim Global Business Dialog in Berlin am 25. Mai 2012. Es gilt das gesprochene Wort!

Guten Morgen. Vielen Dank Jim. Die Arbeit, die du in den vergangenen 30 Jahren bei CNN geleistet hast, ist wirklich bemerkenswert.

Es ist schön, in Berlin zu sein, um mit Ihnen Wege zu erörtern, wie wir Wachstum fördern und den Wohlstand für die Bürger in den Vereinigten Staaten, Deutschland und andernorts vergrößern können.

Es steht zwar nicht in meiner Biografie, aber als junger Mann verbrachte ich in den Sechzigerjahren einige Zeit in Deutschland. 

Unter anderem war ich auch ein Jahr an der Freien Universität hier in Berlin. 

Ich erinnere mich, dass ich häufig in Konzerte der Berliner Philharmoniker ging, deren Dirigent damals der außergewöhnliche Herbert von Karajan war. 

Ich erinnere mich auch noch daran, dass ich trotz schwieriger Umstände über den Grenzübergang Checkpoint Charlie und mit der U-Bahn nach Ostberlin kam, um in das Berliner Ensemble zu gehen, das von der Witwe von Berthold Brecht, Helene Weigel, geleitet wurde. 

Ich erinnere mich daran, dass ich viele Abende mit meinen Kommilitonen verbrachte und mein Deutsch bei einem Glas Bier oder zwei verbesserte.

Da ich in Berlin war, als der tragische Anschlag auf Präsident Kennedy stattfand, haben sich mir seine Worte „Ich bin ein Berliner“ damals tief ins Gedächtnis eingeprägt. Und sie sind mir auch heute noch gegenwärtig. Ich werde niemals das Mitgefühl und die Unterstützung seitens der deutschen Bevölkerung in dieser schwierigen Zeit vergessen.

In den 50 Jahren seit damals hat die Welt miterlebt, wie dieses Land gewachsen ist und sich zu einer globalen demokratischen Macht entwickelt hat, die durch die Energie der Deutschen angetrieben wird.

Heute erleben wir einen einzigartigen geschichtlichen Augenblick, und unsere beiden Länder haben die Chance, zusammenzuarbeiten und dazu beizutragen, dass der Wohlstand weltweit steigt.

Dieses Ziel wurde vergangene Woche in der Erklärung von Camp David noch umfassender von den führenden G8-Staaten zum Ausdruck gebracht.

Sie besagt, dass es unser oberstes Ziel sein muss, Wachstum und die Schaffung von Arbeitsplätzen zu fördern. 

Sie besagt darüber hinaus, dass die weltweite Erholung hoffnungsvolle Signale aussendet, dass aber noch immer große Schwierigkeiten bestehen. 

Wir müssten alle erforderlichen Schritte unternehmen, um unsere Volkswirtschaften zu stärken, während wir gleichzeitig eine Haushaltskonsolidierung durchführen.

Sie sagt des Weiteren, dass wir anerkennen müssen, dass nicht alle Maßnahmen für alle Länder geeignet sind. Deutschland und die Vereinigten Staaten weisen aber ganz klar den Weg nach vorne. 

Wie weit sind wir also bisher gekommen?

Das Bruttoinlandsprodukt in Deutschland und den Vereinigten Staaten ist während der vergangenen Rezession um mehr als 5 Prozent geschrumpft. Seit 2009 haben beide Länder jedoch ein langsames, aber stetes Wachstum erlebt. 

Die Vorhersagen sehen sowohl für Deutschland als auch für die Vereinigten Staaten in den kommenden Jahren weiterhin Wachstum voraus.

In der Zwischenzeit ist die Arbeitslosigkeit in beiden Ländern um circa 2 Prozentpunkte gesunken. 

Auch wenn ich ergänzen sollte, dass wir, insbesondere in den Vereinigten Staaten, noch einiges tun müssen, um gewährleisten zu können, dass jeder, der arbeiten möchte, einen Arbeitsplatz erhält.

Wenn wir nach vorne blicken wird aber insgesamt deutlich, dass sowohl Deutschland als auch die Vereinigten Staaten die weltweite Erholung anführen. 

 In diesem entscheidenden Moment haben wir die Gelegenheit – und einige würden sagen, auch die Verantwortung –, kluge und strategische Investitionen in unsere Unternehmen und Arbeitnehmer zu tätigen.

Alles beginnt mit einem starken verarbeitenden Sektor. Darin sind sich die führenden Unternehmer in Deutschland und den Vereinigten Staaten absolut einig. Die industrielle Produktion war in hohem Maße von der Rezession betroffen, aber sie bleibt ein wichtiger Motor für unsere beiden Volkswirtschaften.

Die Regierung von U.S Präsident Barack Obama setzt sich sehr für unsere verarbeitende Industrie ein. 

Dafür gibt es gute Gründe: 

Seit 2009 trug sie mit mehr als 25 Prozent zum Anstieg des BIP in den Vereinigten Staaten bei. 

Darüber hinaus hat unsere Volkswirtschaft in unserem Land in den vergangenen 26 Monaten beinahe eine halbe Millionen Arbeitsplätze in der verarbeitenden Industrie geschaffen – der größte Zuwachs seit den Neunzigerjahren.

Das sind gute Arbeitsplätze. 

Das Wirtschaftsministerium hat gerade einen Bericht herausgegeben, der zeigt, dass in der verarbeitenden Industrie die Löhne und Sozialleistungen 17 Prozent höher sind als anderswo.

Deutschland hat bereits fast vollständig den Rückgang in seiner Industrieproduktion wettgemacht. Die Vereinigten Staaten haben sich schon bis zu 70 Prozent erholt.

Anhand der gestern veröffentlichten Daten sehen wir aber auch, dass wir noch mehr tun müssen, um die Dynamik des Produktionssektors – mit guten Arbeitsplätzen für Deutsche und Amerikaner – zu fördern.

Ein wichtiger Weg, wie wir unsere Hersteller unterstützen können, ist durch die Schaffung weitreichender Möglichkeiten zum Export ihrer Produkte. 

Oder, wie ich oft sage: "Baut es hier, verkauft es überall".

U.S. Präsident Barack Obama hat diese Woche zur "Welthandelswoche"  erklärt, lassen Sie mich also etwas zum Thema Exporte sagen: 

Unsere beiden Volkswirtschaften hängen in hohem Maße von Exporten ab. 

In den Vereinigten Staaten machen die Exporte 14 Prozent des BIP aus, in Deutschland belaufen sich die Exporte außerhalb der EU auf 19 Prozent des BIP.

Sowohl Deutschland als auch die Vereinigten Staaten haben den Aufwärtstrend nach dem globalen Abschwung mit einem starken Exportwachstum angeführt. Es ist tatsächlich so, dass beide Länder heute mehr exportieren als vor der Rezession.

Wir dürfen nicht nachlassen.

In den Vereinigten Staaten konzentrieren wir uns weiterhin auf das Ziel von U.S. Präsident Obama, die US-Exporte bis Ende 2014 zu verdoppeln.

Wir sind auf einem guten Weg und haben im vergangenen Jahr einen Exportrekord von 2,1 Billionen US-Dollar erzielt. 

Mehr als 60 Prozent dieser Exporte waren verarbeitete Produkte.

Die deutsch-amerikanischen Handelsbeziehungen sind selbst ein gutes Beispiel dafür, wo Wachstum stattfindet. 

Deutschland ist der fünftgrößte Handelspartner der Vereinigten Staaten. Der beiderseitige Handel mit Gütern zwischen unseren beiden Ländern belief sich 2011 auf fast 150 Milliarden US-Dollar, ein Anstieg in Höhe von 13 Prozent gegenüber 2010.

Wir arbeiten in den Vereinigten Staaten intensiver als jemals zuvor daran, auf diesen Zahlen aufzubauen. 

Die Mitarbeiter unseres auswärtigen Handelsdienstes und unsere Botschaften stellen Kontakte zwischen US-Unternehmen und möglichen Kunden im Ausland her. 

Darüber hinaus haben wir gerade neue Märkte in Korea und Kolumbien erschlossen. Fast 80 Prozent unserer Zölle in diesen beiden Ländern liegen bei 0.

Insgesamt haben Deutschland und die Vereinigten Staaten große Chancen einen Nutzen für beide Seiten zu erzielen, der zu einer Steigerung unserer Exporte und gleichzeitig zu einer Steigerung des Wohlstands in allen unseren transatlantischen Beziehungen führt.

Anfang dieser Woche hat beispielsweise der US-Handelsbeauftragte, Ron Kirk, die Möglichkeit eines zukünftigen deutsch-amerikanischen Handelsabkommens angesprochen. 

Wir sind daran interessiert, ein so ehrgeiziges Handelsabkommen wie möglich anzustreben, vorausgesetzt, es fußt auf einer realistischen Einschätzung, was erreicht werden kann. 

Wir müssen einen unvoreingenommenen Dialog über die politische Realität und die politischen Befindlichkeiten führen und einen klaren Weg aufzeigen, der die Schaffung von Arbeitsplätzen und Wachstum begünstigt.

Darüber hinaus haben sich die EU und die Vereinigten Staaten in den vergangenen Monaten sehr für den Verbraucherdatenschutz und unsere Datenschutzbestimmungen eingesetzt. 

Der Präsident hat ein Consumer Privacy Bill of Rights ins Leben gerufen. 

Da die EU neue Datenschutzmaßnahmen in Erwägung zieht, sollten wir alle an die Ziele denken, nämlich mehr Handel, mehr Zusammenarbeit und mehr Unternehmertum.  [

Abgesehen vom Handel können und sollten wir mehr in einander investieren. 

Lassen Sie mich jetzt also über die bilateralen Investitionen sprechen.

Als ich damals in Deutschland lebte, habe ich das Land in einem VW-Käfer erkundet. 

Als ich vor kurzem in Tennesse war, habe ich mich sehr gefreut, ein VW-Werk zu sehen, das in diesem Jahr 1.000 neue Arbeitnehmer einstellt, um die nordamerikanische Nachfrage nach dem Passat zu decken.

In dieser Woche habe ich mit führenden Vertretern Frankreichs und Deutschlands über die Vorteile von Investitionen in die Vereinigten Staaten gesprochen.

Meine Botschaft war folgerichtig und klar: 

Die Vereinigten Staaten begrüßen und ermutigen ausländische Investitionen in ihre Volkswirtschaft.

Die deutschen Direktinvestitionen in den Vereinigten Staaten liegen bei über 250 Milliarden US-Dollar. 

Sie sind die drittgrößte Quelle ausländischer Direktinvestitionen in den Vereinigten Staaten. 

Die deutschen Investitionen gehen in Schlüsselindustrien wie die Chemieindustrie, den Transport- oder den Dienstleistungssektor wie die Finanzbranche. 

Deutsche Firmen beschäftigen insgesamt mehr als eine halbe Million amerikanischer Arbeitnehmer und ich möchte dazu sagen, dass dies auch umgekehrt der Fall ist.

Ich habe mir zum Ziel gesetzt, deutschen Firmen dabei zu helfen, ihre Erfolge auf dem amerikanischen Markt fortzuführen – und diese Beziehungen zu intensivieren.

Im Rahmen der SelectUSA-Initiative ist Deutschland in der Tat von großer Bedeutung für uns.

Diese landesweite Initiative wird vom US-Wirtschaftsministerium angeführt, um nationale und internationale Firmen beim Wachstum und bei den Investitionen in die Vereinigten Staaten zu unterstützen. 

Durch SelectUSA heben wir die Vorteile hervor, die sich durch Investitionen in die Vereinigten Staaten ergeben.

Dazu gehören: 

Ein höherer Marktanteil am größten Verbrauchermarkt der Welt, Zugang zu den amerikanischen Finanzmärkten, auch zu Beteiligungs- und Risikokapital, Zugang zu dem Land, in dem 30 Prozent der weltweiten Ausgaben für Forschung und Entwicklung getätigt werden, Zugang zu einem Umfeld mit starkem Schutz des geistigen Eigentums sowie Zugang zu den stabilen amerikanischen Lieferketten.

Durch SelectUSA werden wir mögliche Investoren mit den richtigen Ansprechpartnern auf regionaler, einzelstaatlicher oder nationaler Ebene in Verbindung bringen, wir werden Unternehmen zur Seite stehen, wenn durch US-Vorschriften Probleme, Verzögerungen oder Hindernisse auftreten sollten, und wir werden dauerhafte Unterstützung anbieten, nachdem Unternehmen in unser Land investiert haben.

SelectUSA hat seine Arbeit hier in Deutschland bereits aufgenommen als wir vergangenen Monat Organisationen für die wirtschaftliche Entwicklung (Economic Development Organizations) aus den Vereinigten Staaten mit zur Hannover Messe gebracht haben.

Ich freue mich auf weitere Erfolgsgeschichten bei den bilateralen Investitionen – in beiden Richtungen – während unsere Volkswirtschaften gemeinsam wachsen und wir Arbeitsplätze schaffen und die weltweite Erholung stärken.

Während es unerlässlich ist, dass wir Hersteller, Exporteure und Unternehmen unterstützen, die in beiden Ländern investieren, können und müssen wir noch mehr tun, um Wachstum und Wohlstand langfristig sicherzustellen. 

Dazu möchte ich zwei Beispiele geben.

Zunächst müssen wir Innovationen in der Fertigungsindustrie fördern. 

In den Vereinigten Staaten trägt die verarbeitende Industrie mit 70 Prozent zu Forschung und Entwicklung im Privatsektor bei und macht 90 Prozent unserer Patenten aus. 

Bis zu zwei Drittel des amerikanischen Wachstums nach dem Zweiten Weltkrieg sind auf technologische Innovationen zurückzuführen.

Jedes Industrieland auf der Welt stellt große öffentliche Unterstützung für Forschung und Entwicklung zur Verfügung und hilft so Hochschulen und Laboratorien dabei, angewandte Forschung und Vermarktung voranzutreiben. 

Hier in Deutschland gibt es ein starkes Netzwerk aus Universitäten für Angewandte Wissenschaft, Technischen Hochschulen und den Fraunhofer Forschungsinstituten.

Bedauerlicherweise ist die Unterstützung der US-Regierung für Forschung und Entwicklung von mehr als 70 Prozent im Jahr 1980 auf 57 Prozent im Jahr 2008 zurückgegangen.

Die Regierung von U.S Präsident Barack Obama möchte diesen Trend umkehren.

Entsprechend hat U.S. Präsident Obama dazu das Ziel aufgestellt, das Budget für Programme zur Unterstützung von Grundlagenforschung zu verdoppeln, auch für die Labore des National Institute of Standards and Technology (NIST) des US-Wirtschaftsministeriums. 

Wir brauchen diese Unterstützung unter anderem, um unsere Zusammenarbeit mit deutschen Forschern über Messungen und Standards auszubauen.

Wir wollen mehr Erfolgsgeschichten wie die aus dem Jahr 2005 als John Hall vom NIST und Theodor Hansch von der TU München gemeinsam der Nobelpreis für Physik verliehen wurde. Ihre Arbeit könnte zu besseren GPS-Systemen führen und so noch weitere Innovationen bei einer Technologie auslösen, die scheinbar grenzenlose Anwendungsmöglichkeiten hat.

Präsident Obama unterstützt auch die verstärkte Forschung und Entwicklung, die besonders auf fortschrittliche Fertigungstechnologien abzielt – ein Bereich, durch den neueste Technologien genutzt werden, um mehr und bessere Produkte herzustellen. So können Wissenschaftler und Ingenieure gefördert werden, die in richtungsweisenden Bereichen wie der flexiblen Elektronik, der Robotik und dem Bio-Manufacturing tätig sind.

Länder wie Deutschland und die Vereinigten Staaten sind in der Lage, diese wichtigen Investitionen zu tätigen, die ich soeben erwähnt habe. Ich glaube, dass wir genau dies tun sollten – nicht nur, um eine solide Grundlage für langfristiges Wachstum zu sichern, sondern auch, um die Lebensqualität für die nächste Generation zu gewährleisten.

Und zudem müssen wir garantieren, dass die kommende Generation nicht nur dazu in der Lage ist, diese Innovationen zu nutzen, sondern auch auf diesen aufbauen kann. 

Dies bringt mich zu meinem letzten Punkt:

Wir brauchen gute Bildung und Ausbildung für die kommende Generation Arbeitnehmer, die unsere Innovationen in der Weltwirtschaft zum Einsatz bringen werden.

Bildung in Wissenschaft, Technologie, Ingenieurwesen und Mathematik ist besonders wichtig. 

Dies habe ich vor zwei Tagen in den Ausbildungsstätten von Siemens hier in Berlin gesehen – wo Bildung und die praktische Anwendung unter einem Dach gelehrt werden. 


U.S. Präsident Barack Obama und ich freuen uns sehr, dass Siemens dieses Modell auch in Community Colleges in Orten wie North Carolina umsetzt.

In diesem Bereich können die Vereinigten Staaten von Deutschland lernen, was funktioniert. 

Denn schlussendlich machen nur 13 Prozent der amerikanischen Collegeabsolventen einen Abschluss in naturwissenschaftlich-mathematischen Fächern, während diese Zahl in Deutschland bei fast 25 Prozent liegt. 

Wir haben in den Vereinigten Staaten also noch einiges zu tun.

Aus diesem Grund hat Präsident Obama für 2013 vorgeschlagen, dass die Bundesregierung drei Milliarden US-Dollar in Programme zur Förderung der Bildung in naturwissenschaftlich-mathematischen Fächern bereitstellt. Dies entspricht einem Anstieg von drei Prozent.

Aus diesem Grund hat U.S- Präsident Barck Obama außerdem den neuen Fonds Community-College-to-Career in Höhe von acht Milliarden US-Dollar vorgeschlagen, durch den zwei Millionen Arbeitnehmer ausgebildet werden können. 

Dies sind Arbeitnehmer, die dann für Firmen wie Siemens und Hunderte andere deutsche Unternehmen in den Vereinigten Staaten arbeiten werden. Die Ausbildung in diesen Fächern ist für die Unterstützung der Fertigungsindustrie unerlässlich, und die Forschung auf diesen Gebieten wird in den kommenden Jahren Innovationen hervorbringen.

Zusammengefasst bedeutet das, dass es viele Möglichkeiten für Deutschland und die Vereinigten Staaten gibt, in der Fertigungsindustrie – und in vielen anderen Bereichen – im 21. Jahrhundert weltweit führend zu sein.

Gemeinsam sollten wir weiterhin die effektivsten Instrumente finden und nutzen, um die wirtschaftliche Erholung unserer Länder zu fördern – und um den weltweiten Wohlstand voranzubringen.

Und, ja, die Staats- und Regierungschefs der G8 haben vergangene Woche gesagt, dass unsere Partner in der Eurozone auch in der Lage sein müssen, Instrumente zu nutzen, die Wachstum ankurbeln, und gleichzeitig haushaltspolitisch verantwortungsbewusst zu handeln. 

Diesen Ansatz verfolgen die Vereinigten Staaten unter der Führung von Präsident Obama.

Ich danke Ihnen allen daher, dass Sie hier sind, um diese Chancen und Herausforderungen anzugehen.

Und denjenigen, die denken, die Herausforderungen seien zu groß, sage ich: 

„Lass sie nach Berlin kommen”… 

“Let them come to Berlin”…, 

um die Arbeit zu sehen, die sie hier heute leisten.

Ich freue mich darauf, mit Ihnen allen zusammenzuarbeiten, um die engen Verbindungen zwischen unseren beiden Ländern zu stärken. 

Wenn wir erfolgreich sind, werden unsere Unternehmen und Arbeitnehmer weiterhin mehr Wohlstand für Deutsche, Amerikaner und letztendlich für die Menschen überall auf der Welt schaffen.

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Remarks by U.S. Commerce Secretary John Bryson at the Global Business Conference “Beyond Uncertain Times: A Growth Agenda” in Berlin, Germany




Public Affairs

U.S. Embassy Berlin

Friday, May 25, 2012

Remarks by U.S. Commerce Secretary John Bryson at the Global Business Conference “Beyond Uncertain Times: A Growth Agenda” in Berlin, Germany

This morning, U.S. Commerce Secretary John Bryson delivered remarks at the Global Business Dialogue, a conference co-hosted by the U.S. Commercial Service, Thunderbird School of Management and the American Chamber of Commerce in Germany. The conference, held in Berlin, Germany, focused on addressing major business challenges and opportunities on both sides of the Atlantic, as well as the importance of continued cooperation between the U.S. and Germany.

Remarks As Prepared for U.S. Commerce Secretary John Bryson 

Guten morgen. Thank you, Jim. The work you have done at CNN over the past 30 years is remarkable.

It is wonderful to be in Berlin with all of you to discuss ways we can promote growth and enhance prosperity for the people of the U.S., Germany, and beyond.

This is not in my bio, but in my youth I spent some time in Germany in the 1960s – including a year here in Berlin at Freie Universitat. I remember coming again and again to the Berliner Philharmonic then directed by the extraordinary Herbert Von Karajan. I remember making my way under very difficult circumstances into East Berlin, via Checkpoint Charlie and on the U-bahn so I could see the Berliner Ensemble under Bertold Brecht’s widow, Helene Weigel. And yes, I remember spending many evenings getting to know my classmates and brushing up on my German over a bier or two.

So, having been in Germany on that tragic day when President Kennedy was assassinated, his words, “Ich bin ein Berliner,” resonated deeply with me back then. And they still resonate with me today. I will never forget the outpouring of sympathy and support by the German people during that difficult time.

In the 50 years since then, the world has watched this nation grow and evolve into a global democratic power – driven by the spirit of the German people.

And today, at this unique moment in history, we see an opportunity for our two countries to work together in helping lead the world toward greater prosperity.

In fact, this goal was expressed more broadly by the leaders of the G8 countries last week in the Camp David Declaration.

It said that our imperative is to promote growth and jobs. It said that the global recovery shows signs of promise, but significant headwinds persist. It said that we must take all necessary steps to reinvigorate our economies while implementing fiscal consolidation.

And it said that we must recognize that the right measures are not the same for everyone.
Clearly, Germany and the U.S. are already showing the way forward. So just how far have we come?

The Gross Domestic Product in both Germany and the U.S. dropped more than 5% during this past recession. But since 2009, both countries have seen slow but steady growth. And forecasters show continued growth for both Germany and the U.S. in the years ahead.

Meanwhile, unemployment has dropped about 2 percentage points in both countries. Though I should note that we still have work to do, especially in the U.S., to ensure that everyone who wants a job, has a job.

But overall, what is clear – as we look forward – is that both Germany and the U.S. are on the leading edge of global recovery. At this critical moment, we have an opportunity and, some might say – also a responsibility – to make smart and strategic investments in our businesses and our workers.

It all starts with a strong manufacturing base. This is a point of strong agreement among business leaders in both in Germany and the U.S. Industrial production was hit hard in the recession, but it remains a key driver of both of our economies.

The Obama Administration has strongly advocated on behalf of our manufacturers. There’s good reason for that: Since 2009, they have driven over one-fourth of America’s GDP growth. Moreover, our economy has added nearly half-a-million manufacturing jobs over the past 26 months in the U.S. – our strongest surge since the 1990s.

And these are good jobs. The Commerce Department just released a report showing that manufacturing jobs provide wages and benefits 17% higher than others.

Already, Germany has recovered nearly all of its decline in industrial production, and the U.S. has recovered about 70%.

Still, as we have seen with the data released just yesterday, we must do more to support a vibrant manufacturing sector – with good jobs for both Americans and Germans.

One important way we can support our manufacturers is by providing them with ample opportunities to export their products. Or, as I often say: Build it here, Sell it Everywhere.

Now, President Obama declared this week to be World Trade Week, so let me touch on exports. Both of our economies depend significantly on exports. Exports account for about 14% of America’s GDP and German exports-beyond-the-EU represent about 19%.

Both Germany and the U.S. have led with strong export growth as we emerged from the global downturn. In fact, both countries are now exporting more than before the recession.
We can’t let up.

In the U.S., we remain focused on President Obama’s goal of doubling of U.S. exports by the end of 2014.

We’re well on our way with an all-time record of $2.1 trillion in U.S. exports last year. More than 60% of that was manufactured goods.

The U.S.-German trade relationship, itself, is a good example of where we see growth taking place. Germany is America’s 5th largest trading partner. And two-way trade of goods between our countries totaled nearly $150 billion in 2011, a 13% jump from 2010.

Now, in the U.S., we are working harder than ever to build on statistics like that. For example, our foreign commercial service officers and our embassies are constantly linking U.S. businesses with potential customers abroad. In addition, we have just opened up new markets in Korea and Colombia. About 80% of our tariffs in both of those countries are now zero.

On a larger scale, both the U.S. and Germany have important opportunities to support win-wins that will increase our exports while also fostering prosperity throughout our transatlantic relationships.

For example, earlier this week in London, U.S. Trade Representative Ron Kirk addressed the future possibility of a U.S.-EU trade agreement. We have an interest in pursuing as ambitious a trade agreement as possible, provided it is based on a realistic sense of what can get done. We need to engage in a candid dialogue about the political realities and sensitivities, and develop a clear path forward that supports jobs and growth.

In addition, over the past few months, the U.S. and the EU have been strongly engaged on consumer privacy and interoperability of our data privacy regimes. The President rolled out a Consumer Privacy Bill of Rights. And, as the EU considers new data protection measures, we should all keep in mind the goals of more trade, more cooperation, and more entrepreneurship. [
Beyond trade, we can and should also invest more in each other. So let me turn to bilateral investment.

Back when I lived here in Germany, I explored the country in a Volkswagen bug. So I was thrilled to recently go to Tennessee to see a Volkswagen plant that is hiring 1,000 new workers this year to meet North American demand for the Passat.

This week, I have been speaking about the benefits of investing in the U.S. with business leaders in both France and Germany.

My message has been consistent and clear: The U.S. welcomes and encourages foreign investment in our economy.

German direct investment into the U.S. is over $250 billion. It’s the 3rd largest source of FDI into the U.S. German investments including key industries such as chemicals and transportation equipment, as well as services sectors such as financial industries. Altogether, German firms employ over half-a-million American workers… And I should note that the reverse is also true.

It’s my goal to help German firms continue their success in the U.S. market – and to intensify this relationship.

In fact, Germany is a key priority for us in our new SelectUSA initiative – a government-wide effort led by the Commerce Department to help international and domestic firms grow and invest in the United States. Through SelectUSA, we are underscoring the benefits of investing in the U.S.

This includes: increased market share in the world’s largest consumer market; access to U.S. financial markets, including private equity and venture capital; access to the country in which 30% of the word’s R&D spending takes place; access to a strong intellectual property rights regime; and access to America’s robust supply chains.

Through SelectUSA, we will connect potential investors with the appropriate points of contact at the state, local and federal levels; we will help business leaders if they encounter any confusion, delays or obstacles with U.S. regulations; and we will offer ongoing support after a company has invested in the U.S.

And in fact, SelectUSA’s work has already begun in earnest here in Germany – when we brought Economic Development Organizations from the U.S. to Hannover Messe last month.
I look forward to even more success stories in bilateral investment – in both directions – as we jointly grow our economies, create jobs, and strengthen the global recovery.

And while it’s crucial that we support manufacturers, exporters, and companies that cross-invest, we can and must do even more to ensure long-term growth and prosperity – and I’ll give two final examples.

First, we must support innovation in manufacturing. In the U.S., manufacturing is responsible for 70% of our private sector R&D and 90% of our patents. Up to three-quarters of U.S. growth after World War II has been linked to technological innovation.

Every industrialized country in the world provides major public support for R&D, helping universities and labs drive applied research and commercialization. For example, here in Germany, there is a strong network of Universities of Applied Science, Technical Universities, and the Fraunhofer Research Institutes.

Unfortunately, the U.S. government’s direct support for R&D dropped from more than 70% in 1980 to 57% by 2008.

The Obama Administration wants to reverse that trend.

Specifically, the President has set of goal of doubling the budgets for programs that support basic research, including the labs at the Commerce Department’s National Institute of Standards and Technology—known as NIST. Among other things, we need this support in order to build on collaborations with German researchers on measurements and standards.

We want more success stories like we had in 2005, when John Hall of NIST and Theodor Hansch of the University of Munich shared the Nobel Prize in Physics. Their work could lead to better GPS systems – driving even more innovation through a technology with seemingly limitless applications.

President Obama is also supporting more R&D specifically targeted for advanced manufacturing – a field that leverages the latest technology to help make more and better products. This will help scientists and engineers who work in cutting-edge fields like flexible electronics, robotics, and bio-manufacturing.

Countries like the U.S. and Germany are in a position to make these crucial investments that I’ve been talking about. I believe that we should do just that – not just to ensure a strong foundation for long-term growth but also to improve the quality of life for the next generation.

And, furthermore, we must ensure that the next generation is not only able to use these innovations, but that they are also able to build on them… which leads me to my final point:

We need strong education and training for the next generation of workers who will take our innovations and put them to work in the global economy.

Education in science, technology, engineering and math – STEM fields – is particularly important. I saw this on full display two days ago at the Siemens training facility here in Berlin – where education and hands-on training are together under one roof. And the President and I are thrilled that Siemens has brought this model to our community colleges in places like North Carolina.

This is an area where the U.S. can learn from Germany about what works. After all, 13% of U.S. college graduates get STEM degrees, while in Germany, it’s closer to 25%. So we have some work to do back in the U.S.

That’s why President Obama’s proposed 2013 budget invests $3 billion across the federal government in programs that promote STEM education, a 3% increase.

That’s why he also proposed a new Community-College-to-Career Fund of $8 billion to train 2 million workers – workers who can take good jobs at places like Siemens and the hundreds of other German companies in the U.S.

Clearly, STEM education is central to supporting manufacturing, and STEM-related research will drive innovation in the years to come.

In summary, there are many opportunities for the U.S. and Germany to continue to lead the world in manufacturing – and many other areas – in the 21st century.

Together, we should continue to find and use the most effective tools to strengthen economic recovery for our countries – and to push global prosperity forward.

And, yes, as the G8 leaders said last week, our partners in the Eurozone also need to be able to use tools that spur growth while ensuring fiscal responsibility – an approach that the U.S. itself has taken under President Obama’s leadership.

So, thank you all for being here to tackle these challenges and opportunities…

And, to those who think our challenges are too big to overcome, I say this: 

“Lass’ sie nach Berlin kommen”… 

“Let them come to Berlin”… and see the work that all of you are doing here today.

I look forward to working more with all of you to strengthen the close ties among our countries.
If we are successful, our businesses and our workers will continue to drive prosperity for Germans, for Americans, and in fact, for people throughout the world.


Global Business Dialogue: May 25, 2012 in Berlin

Read more: 

U.S. Department of Commerce