BARACK OBAMA ON THE JOB MARKET
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BARACK OBAMA ON THE JOB MARKET
BARACK OBAMA WILL WORK TO CREATE JOBS IN AMERICA
Invest in U.S. Manufacturing
America boasts the highest-skilled manufacturing workforce in the world and advanced manu-
facturing facilities that have powered economic growth in America for decades. Barack Obama
will create an Advanced Manufacturing Fund and double funding for the Manufacturing Exten-
sion Partnership to help create additional manufacturing jobs.
Create 5 Million New Green Jobs
Barack Obama will transform the challenge of global climate change into an opportunity to
create 5 million new green jobs. He will invest $150 billion over 10 years into developing and
deploying advanced energy technologies, including solar, wind and clean coal. His plan will
reduce greenhouse gas emissions, decrease our dependence on foreign oil and create jobs that
can’t be outsourced.
Fight for Trade that Benefits U.S. Workers, Farmers and Businesses
Obama will fight for a trade policy that opens up foreign markets to support good American jobs.
He will use trade agreements to spread improved labor and environmental standards around the
world and stand firm against agreements like the Central American Free Trade Agreement
(CAFTA) that fail to live up to those important standards.
End Tax Breaks for Companies that Send Jobs Overseas and Support Companies that
Create Jobs in America
Obama believes that companies should not get billions of dollars in tax deductions for moving
jobs overseas. Instead, he will support companies that create good-paying jobs in the U.S.
Invest in our National Infrastructure
Barack Obama will address the infrastructure challenge by investing $60 billion over 10 years in
a National Infrastructure Reinvestment Bank to expand federal transportation investments.
These projects will create up to two million new jobs and stimulate approximately $35 billion per
year in new economic activity.
Support Innovation
Barack Obama believes we need to double federal funding for basic research, expand the deploy-
ment of broadband technology, and make the research and development tax credit permanent to
keep American companies competitive in the global economy.
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