Sunday, November 07, 2010

Pres. Obama unveils $10 billion in new contracts for U.S. exports to India

Here's a story that may go under reported in the media. It wont be under reported so much because the mainstream media choose to ignore but because if history is any indication Obama's administration will do a horrible job of getting the good news out there. So I am just going to have to help them. George Cook

Eager to fend off any criticism that he's globetrotting just days after a disastrous midterm election, President Obama unveiled about $10 billion in new contracts for U.S. exports to India on Saturday as he launched an aggressive push to show his trip to Asia will deliver jobs back home.

"The United States sees Asia and especially India as a market of the future," Obama said at a meeting here with business leaders from the U.S. and India. "For America this is a jobs strategy."

Obama announced Saturday that about 54,000 U.S. jobs will be created by a total of $10 billion in new contracts for the Indian government and private companies here to buy a slew of American products, including jet airplanes from Boeing as well as engines and gas turbine technology from General Electric.

Read more here: On the road, Obama pushes U.S. jobs

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