Texas could show Obama how to increase exports

On his early August trip to the Lone Star State, Texas could show Obama how to increase exports.

When it comes to exporting, President Obama wants US to be more like Texas.

While Texas is the #1 exporting state in the country, President Obama looks to increase the country’s exporting jobs. Is he consulting Gov. Perry on how to do it?

While it is great that Obama wants to double US exports in 5 years (something Brookings says is all but impossible), the President should look to Texas. Maybe he will consult with the Governor when he visits to raise money for Democratic candidates in early August.

The Dallas Morning News article (linked below) should point out that Texas is already the #1 exporting state in the country. Maybe while Obama is in Austin and Houston raising money for Democratic candidates, he will find time to consult with Gov. Perry. Since TX is #1, it would be wise to find out how Texas has done it and follow the Texas lead.

A Brookings Institute report found that exports produced in the US should play a larger role in the nation's future economic growth because they create higher-paying jobs and can help reduce the U.S. trade deficit in a post-recession era:

"For the longer-term prosperity of the United States, we want to refocus the country on innovation and exports and production," said Rothwell, a senior research analyst at Brookings. "They provide economic growth and higher-paying jobs at a time when they're really needed.

“Average wages for export-related jobs in the largest export industries were $93,290 in D-FW (computer and electronic products) and $87,300 in Houston (chemicals), according to the report.

“Earlier this year, President Barack Obama set a goal of doubling U.S. exports in the next five years to create 2 million jobs nationwide.”

http://www.dallasnews.com/sharedcontent/dws/bus/stories/DN-Exports_26bus...