Obama Touts ‘Innovation’ as Key to Economic Recovery
President Obama is promoting business innovation as a building block to more jobs, part of a retooled economic message that aims to highlight advances in the private sector over expensive government programs.
With a Wisconsin energy company as a backdrop, Obama used his weekly radio and Internet address Saturday to prod the business community to help speed up an economic recovery that is still beset by high unemployment.
“That’s how America will win the future — by out-innovating, out-educating and out-building our competitors,” he said.
Obama taped the message Wednesday at Orion Energy Systems, a Manitowoc, Wisconsin, company specializing in solar power and energy-efficient technologies.
The innovation pitch is part of a broader White House effort to move away from the high-dollar spending the administration relied on to pull the economy out of recession to a leaner, business-friendly strategy focused on making the U.S. more competitive in the global marketplace.