Obama's Weekly Addre:The ExportImport Bank_Obama

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Hi, everybody.Nearly six years after the worst financial crisis of our lifetimes, our businees have added nearly 10 million new jobs over the past 53 months.That’s the longest streak of private-sector job creation in our history.And we’re in a six-month streak with our economy creating at least 200,000 new jobs each month--the first time that’s happened since 1997.Thanks to the decisions we made to rescue and rebuild our economy, and your hard work and resilience, America is leading again.Areas like manufacturing, energy, technology, and autos are all booming.And here’s the thing: we’re selling more goods Made in America to the rest of the world than ever before.American exports are at an all-time high.Over the past five years, we’ve worked hard to open new markets for our businees, and to help them compete on a level playing field in those markets.And we’ve broken records for exports four years running.Last year, our exports supported more than 11 million American jobs – about 1.6 million more than when I took office.They’re good jobs that typically pay about 15% more than the national average.And more small businees are selling their goods abroad than ever before--nearly 300,000 last year alone.We should be doing everything we can to accelerate this progre, not stall it.One place to start is by supporting something called the U.S.Export-Import Bank.Its sole miion is to create American jobs.That’s it.It helps many American entrepreneurs take that next step and take their small busine global.But next month, its charter will expire--unle Members of Congre do their job and reauthorize it.Now, past Congrees have done this 16 times, always with support from both parties.Republican and Democratic presidents have supported the bank, too.This time around shouldn’t be any different.Because the bank works.It’s independent.It pays for itself.But if Congre fails to act, thousands of businees, large and small, that sell their products abroad will take a completely unneceary hit.Small busine owners have had to overcome a lot these past several years.We all saw local businees close their doors during the crisis.And in the past few years, we’ve seen more and more open their doors and do their part to help lead America’s comeback.At the very least, they deserve a Congre that doesn’t stand in the way of their succe.Your members of Congre are home this month.If you’re a small busine owner or employee of a large busine that depends on financing to tackle new markets and create new jobs, tell them to quit treating your busine like it’s expendable, and start treating it for what it is: vital to America’s succe.Tell them to do their jobs--keep America’s exports growing, and keep America’s recovery going.Thanks, and have a great weekend.

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