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VOL. 126 | NO. 34 | Friday, February 18, 2011

Obama Talks Jobs With Jobs, Other Tech Leaders

DARLENE SUPERVILLE | Associated Press

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WASHINGTON (AP) – President Barack Obama is assembling the biggest names in Silicon Valley to confer on jobs and innovation, trying to get 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.

Wunderkind Facebook creator Mark Zuckerberg, Google chief executive Eric Schmidt, and Steve Jobs, the Apple founder and CEO who announced last month that he was taking his third medical leave, were meeting Obama in California Thursday evening.

The dinner at a private home in the San Francisco Bay area is closed to the media.

Obama wants 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 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 argues that targeted spending, including education initiatives aimed at producing a more sophisticated workforce, is crucial for job creation and future U.S. competitiveness with other nations. A stamp of approval from the Silicon Valley's leading innovators and job creators could help.

At the same time, the president's meeting Thursday extends outreach to the business community that he's embarked upon since Democrats suffered steep losses in the November midterm elections. With unemployment stuck at 9 percent, Obama has been pleading with corporate America to hire.

White House press secretary Jay Carney said Thursday that the high-tech sector has 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."

After his stop in California, Obama was planning to tour Intel Corp.'s semiconductor manufacturing facility in Hillsboro, Ore., on Friday 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.

Obama has left Washington weekly since his Jan. 25 State of the Union to highlight his plans to boost education, innovation and infrastructure. Education is this week's theme.

Obama last visited California and Oregon, which he won easily in 2008, during a four-state swing in October.

AP White House Correspondent Ben Feller and AP writers Julie Pace and Erica Werner contributed to this report.

Copyright 2011 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 89 242 14,959
MORTGAGES 111 255 19,585
FORECLOSURE NOTICES 0 22 3,817
BUILDING PERMITS 0 359 35,689
BANKRUPTCIES 61 182 14,216
BUSINESS LICENSES 18 104 5,095
UTILITY CONNECTIONS 76 246 21,679
MARRIAGE LICENSES 16 75 4,632

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