President Barack Obama is assembling the biggest names in Silicon Valley to discuss what some consider to be America's most difficult challenge at the time -- jobs and innovation. In his attempt to leaders from companies like Google and Apple behind his push to keep spending on high-tech initiatives even as Republicans are out to "slash the budget."
Facebook creator and Chief Executive, Mark Zuckerberg, Google chief executive Eric Schmidt, and Steve Jobs, the Apple Company founder and CEO were scheduled to meet Obama in California last night.
The dinner was held at a private home in the San Francisco Bay area and was closed to the media.
Obama would like to set up to spend billions on clean energy, education, high-speed Internet and other programs even as his new budget proposal calls for a five-year freeze on domestic spending in certain other, very controversial areas. The approach is getting a frosty reception from newly empowered Republicans on Capitol Hill, who are pushing steep cuts to a wide range of programs and balking at new spending.
The President's argument is that targeted spending, including education initiatives aimed at producing a more sophisticated, well-rounded workforce, is essential for job creation. Not to add it would benefit in efforts to increase future U.S. competitiveness with other nations.
White House press secretary Jay Carney said Thursday that the high-tech industry has indeed been "a model, really, for that kind of economic activity that we want to see in other cutting-edge industries in the U.S. where jobs can be created in America and kept in America, and that's what he wants to talk about."
President Obama's plan is to tour Intel Corp.'s semiconductor manufacturing facility in Hillsboro, Oregon this afternoon with CEO Paul Otellini. Otellini, who was among a group of CEOs who met privately with Obama in December, has criticized Obama's policies as creating uncertainty for business. So, the tour should be interesting.
Obama has left Capitol Hill WEEKLY since his State of the Union address late last month to highlight his more specific plans to boost education, innovation and national infrastructure.
Seems as if the President has inherited that Lady Gaga work ethic? It looks good.
#BigUps to the Associated Press on the LEAK.
SCREAM @ ME!!!
Facebook creator and Chief Executive, Mark Zuckerberg, Google chief executive Eric Schmidt, and Steve Jobs, the Apple Company founder and CEO were scheduled to meet Obama in California last night.
The dinner was held at a private home in the San Francisco Bay area and was closed to the media.
Obama would like to set up to spend billions on clean energy, education, high-speed Internet and other programs even as his new budget proposal calls for a five-year freeze on domestic spending in certain other, very controversial areas. The approach is getting a frosty reception from newly empowered Republicans on Capitol Hill, who are pushing steep cuts to a wide range of programs and balking at new spending.
The President's argument is that targeted spending, including education initiatives aimed at producing a more sophisticated, well-rounded workforce, is essential for job creation. Not to add it would benefit in efforts to increase future U.S. competitiveness with other nations.
White House press secretary Jay Carney said Thursday that the high-tech industry has indeed been "a model, really, for that kind of economic activity that we want to see in other cutting-edge industries in the U.S. where jobs can be created in America and kept in America, and that's what he wants to talk about."
President Obama's plan is to tour Intel Corp.'s semiconductor manufacturing facility in Hillsboro, Oregon this afternoon with CEO Paul Otellini. Otellini, who was among a group of CEOs who met privately with Obama in December, has criticized Obama's policies as creating uncertainty for business. So, the tour should be interesting.
Obama has left Capitol Hill WEEKLY since his State of the Union address late last month to highlight his more specific plans to boost education, innovation and national infrastructure.
Seems as if the President has inherited that Lady Gaga work ethic? It looks good.
#BigUps to the Associated Press on the LEAK.
SCREAM @ ME!!!
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