Obama, heading for Asia and wrestling with Afghanistan, orders up jobs summit (text)

When they talk about presidents aging dramatically in office, this could be why.

Today, President Obama heads out on an nine-day trip to Asia -- a series of appointments in Japan, Singapore, China and South Korea that will put him out of the country as the Senate starts debate on his healthcare reform package next week and as former Alaska Gov. Sarah Palin grabs the spotlight for her "Going Rogue" book tour.

Burdened by a decision on Afghanistan, Obama has apparently sent military planners back to the drawing boards to redesign a strategy in the wake of concerns about the ability of Hamid Karzai's government to serve as a viable partner. He's also worried about a jobless economic recovery

So before leaving, the president announced a jobs summit at the White House in December, at which CEOs, union leaders, nonprofits and government officials can figure out how to jump-start the lagging business indicator.

Take a look.

You can read the president's remarks below, as provided by the White House.

-- Johanna Neuman

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THE WHITE HOUSE
 
Office of the Press Secretary
_______________________________________________________________________________________________________________________
For Immediate Release November 12, 2009
 
REMARKS BY THE PRESIDENT
ON THE ECONOMY
 
Diplomatic Reception Room
 
9:43 A.M. EST
 
THE PRESIDENT:  Good morning, everybody.  Before departing for Asia this morning, I’d like to make a brief statement about the economy.
 
Over the past 10 months, we’ve taken a number of bold steps to break the back of this recession.  We’ve worked to stabilize the financial system, revive lending to small businesses and families, and prevent responsible homeowners from losing their homes.  And through the Recovery Act, we’ve cut taxes for middle class families, extended and increased unemployment insurance, and created and saved more than a million jobs.
 
As a result, the economy is now growing again for the first time in more than a year -- and faster than at any time in the past two years.  But even though we’ve slowed the loss of jobs -- and today’s report on the continued decline in unemployment claims is a hopeful sign -- the economic growth that we’ve seen has not yet led to the job growth that we desperately need.  As I’ve said from the start of this crisis, hiring often takes time to catch up to economic growth.  And given the magnitude of the economic turmoil that we’ve experienced, employers are reluctant to hire.
 
Small businesses and large firms are demanding more of their employees, their increasing their hours, and adding temporary workers -- but these companies have not yet been willing to take the steps necessary to hire again.  Meanwhile, millions of Americans -- our friends, our neighbors, our family members -- are desperately searching for jobs.  This is one of the great challenges that remains in our economy -- a challenge that my administration is absolutely determined to meet.
 
We all know that there are limits to what government can and should do, even during such difficult times.  But we have an obligation to consider every additional, responsible step that we can [take] to encourage and accelerate job creation in this country.  And that’s why, in December, we’ll be holding a forum at the White House on jobs and economic growth.  We’ll gather CEOs and small business owners, economists and financial experts, as well as representatives from labor unions and nonprofit groups, to talk about how we can work together to create jobs and get this economy moving again.
 
It's important that we don't make any ill-considered decisions -- even with the best intentions -- particularly at a time when our resources are so limited.  But it's just as important that we are open to any demonstrably good idea to supplement the steps we’ve already taken to put America back to work.  That’s what this forum is about.
 
In the coming days, I’ll also be meeting with leaders abroad to discuss a strategy for growth that is both balanced and broadly shared.  It's a strategy in which Asian and Pacific markets are open to our exports -- and one in which prosperity around the world is no longer as dependent on American consumption and borrowing, but rather more on American innovation and products.
 
It's through these steps with our partners, in addition to the work we're doing here at home, that we will not only revive our economy in the short term, but rebuild it stronger in the long term.  That's been the focus of our efforts these past 10 months -- it will continue to be our focus in the months ahead.
 
Thanks very much, everybody.
 
    END   9:46 A.M. EST

Comments

[steve rodriguez]

Obama please don't apologize for America anymore!
America is great!!!!!!!!!!!!!!!!!!!!!!!!!!!!1

[steve rodriguez]

Wall Street Journal said today they can't find one good thing
about the Obama Administration!!!!

[Jon Strum]

Obama visiting Asia, the Senate beginning debate on historic healthcare reform and...SARAH PALIN will grab the spotlight???

The only spotlight that Palin will grab will be the one in comedy clubs and late-night TV. Doubt it? Just watch Letterman, Leno, Conan, et al once the book tour begins.

[Sandra Kay]

Jobs summit?

If this doesn't confirm that the stimulus was/is a monumental failure, I don't know what does.

[Tina]

Job Summit? Are you kidding me? You do that Obama……and after that conduct an environmental impact study, then after conduct a proof of concept study then after that you and Ms. Obama can look for a new home because the bell has rung as to America’s observation of your true capabilities. So enjoy the perks and real estate while you can as its obvious your administration is catatonic having no clue whatsoever how to address not just this issue but all issues vertically. As a matter of fact what issue do you understand?

I don’t really blame you Obama, I blame your handlers. You would have been an outstanding President in 2016 or so once you gained some experience as you are as quick a study as I have seen. The experience was to understand the many complex dynamics and nuances of this country to lead effectively but…….. that train has left the station.

Good luck all.

Tina

[steve rodriguez]

Obama - On Global Warming go along with the Chinese! Look at their economy, green jobs and green initiatives kill the US economy!

[mbs]

"Small businesses and large firms are demanding more of their employees, their increasing their hours, and adding temporary workers -- but these companies have not yet been willing to take the steps necessary to hire again."

So the high unemployment is the fault of those greedy employers refusing to Hire? This guy is unbelievable. Take some responsibility for once in your term.

[steve rodriguez]

Obama's Job Summit will result in more jobs for the Chinese!!!!!