MR. HOYER:  All right.

 

THE PRESIDENT:  See, Steny gets excited.  (Laughter.)  You're actually making stuff here in America, but it also means that we're all making it here in America when you do what you're doing.  And this is a great example.  

 

And the good news is, more and more companies are following your example.  After shedding jobs for 10 years, our manufacturers have added more than 500,000 jobs over the past three years.  Ford is bringing jobs back from Mexico.  Caterpillar is bringing jobs back from Japan.  (Applause.)  After placing plants in other countries like China, Intel, which is making the chips in your smartphone and your iPad, all of these gizmos everybody is holding up right now -- (laughter) -- Intel is opening its most advanced plant right here at home, right here in America.  

 

Washington should be helping these kinds of success stories take root all across the country.  That’s why we’ve boosted -- my administration has boosted our efforts to help businesses export more of their goods and services.  That’s why we signed trade agreements that will protect American workers, but open up new markets and support tens of thousands of good-paying jobs. 

 

That’s why we reauthorized the Export-Import Bank.  And we are proud to have the bank’s chairman right here, Fred Hochberg.  He's here this afternoon.  He's helping this company as we speak sell more goods overseas.  And so today, exports are at an all-time high.  We are selling more stuff around the world.  We’ve added more than a million export-supported jobs since I took office.  (Applause.) 

 

So all these steps are making a difference, but there’s more we can do.  We need to pursue new trade agreements with Europe and the Pacific region.  We need to invest in high-tech manufacturing centers, because I want the next revolution in manufacturing to be made here in America.

 

Our workers are at our best when we're building stuff.  So today, I’m also announcing the next step in our effort to cut through red tape that keeps big construction projects from getting off the ground.

 

Now, some of you, if you’ve heard me, I’m really big on us rebuilding our infrastructure in this country.  (Applause.)  I want to put people back to work improving our roads, our bridges, our airports, our ports.  (Applause.)  We were talking about the Panama Canal.  The Panama Canal is being revamped down in Panama so that it can accommodate even bigger ships.  And these cargo ships are so big that if we don’t remodel our ports here in the United States, they can’t dock at our ports.  They’ll dock someplace else.  We’ll lose that business.

 

So we’ve got to up our game when it comes to infrastructure.  And the good news is, when you do that, you’re putting people back to work right away, operating dredging equipment and doing other stuff, and you’re also laying the foundation for future economic growth. 

 

Now, the problem is we’ve had some trouble out of Congress just going ahead and funding --