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BY JIM KUHNHENN ANDCHRIS RUGABERAssociated Press
WASHINGTON — Flanked bybusiness executives, PresidentBarack Obama urged employersWednesday to create jobs in theU.S. rather than ship them over-seas and offered to propose tax in-centives to help them.
“I’m incredibly optimistic aboutour prospects,” Obama said aboutthe economy after meeting withmore than a dozen corporate andsmall business leaders whose firmshave succeeded, to one degree oranother, in bringing jobs back tothe United States.
A day after his Republican ad-versaries competed in the NewHampshire primary, Obama soughtto grab back the spotlight and un-derscore his focus on the economyby convening a high-profile WhiteHouse forum on how to increase
employment and stem the hun-dreds of thousands of jobs thathave been sent overseas.
Two participants in the forum,Atlanta Mayor Kasim Reed andUnited Steelworkers President LeoGerard, compared Obama favor-ably to Mitt Romney, who on Tues-day won the New HampshireRepublican primary and solidifiedhis lead over the GOP presidentialfield.
As a result, the day had all thefeel of a presidential counterpunchto the Republican candidates, andparticularly to Romney, who hassought to portray Obama as a foeof free enterprise.
Obama highlighted big andsmall firms ranging from Ford to aNorth Carolina specialty furniturecompany as examples of enter-prises that have invested in theU.S. rather than abroad. He calledon other companies to do thesame with the help of government
incentives.The White House says the pres-
ident will propose $12 million inhis 2013 budget to promote busi-ness investment from overseas inthe United States. Obama has al-ready proposed tax incentives, in-cluding a cut in employers’ SocialSecurity taxes, to encourage morehiring. Congress has not acted onthose measures.
As if to underscore the politicalstakes, Obama called for new jobsto take root, not in China or Ger-many, but “in places like Michiganand Ohio and Virginia and NorthCarolina,” all crucial states in hisbid for re-election.
Among the causes behind thenew spate of hiring is the lack ofwage growth in the United Statesover several years — a fact thatObama often cites as an
impediment for those wishing torise to the middle class.
Any move towards insourcing isfighting a powerful trend: U.S.multinational corporations havebeen adding jobs overseas partlybecause that’s where an increas-ingly large share of their sales are.Companies in the Standard &Poor’s 500 index now earn morethan half of their revenue fromoverseas.
That has fueled a shift in jobs,with large U.S. multinational corpo-rations reducing their U.S. employ-ment while adding jobs in othercountries. U.S. multinationals cutmore than 800,000 jobs in theUnited States in 2000-2009, accord-ing to the Commerce Department.They added 2.9 million overseas inthe same period, the most recentdata available.
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NEWS DEPARTMENT: [email protected] 7PRESS DAKOTANthe worldEnd Of 2011 Was Good For U.S. Economy
WASHINGTON (AP) — The final weeks of 2011 were among theeconomy’s strongest as Americans shopped and traveled more,ending the year with a shot of optimism for 2012.
That’s the bright picture the Federal Reserve sketched in a sur-vey released Wednesday. It said all but one of its 12 banking dis-tricts experienced some growth from late November through theend of the year.
Some sectors of the economy, notably housing, remain weak,the Fed said. But consumers spent more freely. Factories mademore goods. Americans stepped up travel. And the auto industryenjoyed its best stretch of the year.
Economists noted greater confidence in the tone of the report.For example, the central bank described auto manufacturing as “vi-brant” in several districts. Consumer spending was deemed “ro-bust” in the Dallas region.
“It has been quite a while since we have seen the Fed use wordslike vibrant and robust to describe any part of the economy,” saidBrian Bethune, an economics professor at Amherst College. “I thinkone of the things driving the stronger language is that things arebetter than the Fed had been expecting.”
Blast Kills Iranian Nuclear Offical In TehranTEHRAN, Iran (AP) — It seemed a clockwork killing: Motorcycle
riders flashed by and attached a magnetic bomb onto a car carry-ing a nuclear scientist working at Iran’s main uranium enrichmentfacility. By the time the blast tore apart the silver Peugeot, the bikewas blocks away, weaving through Tehran traffic after what Irancalls the latest strike in an escalating covert war.
The attack — which instantly killed the scientist and fatallywounded his driver on Wednesday — was at least the fourth tar-geted hit against a member of Iran’s nuclear brain trust in twoyears. Tehran quickly blamed Israeli-linked agents backed by theU.S. and Britain.
Secretary of State Hillary Rodham Clinton denied any U.S. rolein the slaying, and the Obama administration condemned the at-tack. However, provocative hints from Jerusalem reinforced theperception of an organized and clandestine campaign to set backIran’s nuclear ambitions.
The day before the attack, Israeli military chief Lt. Gen. BennyGantz was quoted as telling a parliamentary panel that 2012 wouldbe a “critical year” for Iran — in part because of “things that hap-pen to it unnaturally.”
The blast killed Mostafa Ahmadi Roshan, a chemistry expertand a director of the Natanz uranium enrichment facility, the cen-terpiece of Iran’s expanding program to make nuclear fuel. Roshan,32, had planned to attend a memorial later Wednesday for anothernuclear researcher who was killed in a similar pinpoint blast twoyears ago, Iranian media said.
van der Sloot Pleads Guilty To Killing WomanLIMA, Peru (AP) — After Joran van der Sloot pleaded guilty
Wednesday to the 2010 murder of a Peruvian woman he met at aLima casino, his lawyer argued that the killing was tragically trig-gered by fallout from the very event that originally brought hisclient notoriety.
The “persecution” suffered by van der Sloot after the unsolveddisappearance of U.S. teenager Natalee Holloway five years earlierscarred him psychologically with a kind of post-traumatic stressdisorder, defense attorney Jose Jimenez told the three femalejudges who are to sentence his client Friday.
The young Dutchman has been the prime suspect in the Hol-loway case since she disappeared on Aruba five years to the daybefore the killing of the 21-year-old Peruvian woman, business stu-dent Stephany Flores.
With the evidence against him in the Peru killing strong, van derSloot entered a guilty plea Wednesday at his lawyer’s urging, hop-ing for a reduced sentence.
“I truly am sorry for this act. I feel very bad,” the 24-year-old de-fendant said, showing no emotion in a brief admission of guilt infractured Spanish. He did not use the Dutch translator provided forthe proceeding.
NASA Rover Begins Maneuver Toward MarsLOS ANGELES (AP) — NASA’s latest rover to Mars fired its
thrusters Wednesday to adjust its course to the red planet for alanding in August.
Deep space antennas tracked the choreographed maneuver,which was expected to last three hours.
The firing of its eight thruster engines is the most importanttask Curiosity will perform during its 352-million-mile trip, but it’snot unprecedented. Previous robotic explorers have had to adjusttheir paths several times en route to landing.
“Just because this is a well-traveled road to Mars given the num-ber of trips we’ve made, I’m very careful to not let that experiencecause us to be complacent,” said Arthur Amador of the NASA JetPropulsion Laboratory, which manages the $2.5 billion mission.
At the time of the course correction, Curiosity had racked up 80million miles and was traveling at 10,200 mph relative to the Earth.
BY DAVID ESPO AND SHANNON MCCAFFREYAssociated Press
COLUMBIA, S.C. — Mitt Romney swept intoSouth Carolina on Wednesday in pursuit of aconfirming victory in the race for the Republi-can presidential nomination, buoyed by a sec-ond straight electoral triumph, bulgingcampaign coffers and warm words from thestate’s pre-eminent practitioner of tea partypolitics.
“I don’t want to be overconfident,” said theRepublican front-runner. But increasingly, hewas talking about his plans for challenging Pres-ident Barack Obama in the fall, not his primaryfoes of the moment.
Running out of time, his GOP rivals showedno sign of surrender.
Newt Gingrich welcomed Romney into thefirst Southern primary state with a fresh attackon his business career and a new television adpainting him as a flip-flopper on abortion. Saidformer Pennsylvania Sen. Rick Santorum:“South Carolina is going to be different. It iswide open for anyone.”
Texas Gov. Rick Perry drawled his waythrough a busy campaign day, displaying aSouthern attribute that Romney, the formerMassachusetts governor, could not hope tomatch.
But after a solid win in New Hampshire,Romney got help from unlikely sources.
Texas Rep. Ron Paul, who ran second in NewHampshire, chastised Gingrich and Perry forcriticizing the front-runner’s experience as aventure capitalist whose firm acquired,slimmed down and then spun off existing com-panies, often earning large profits in theprocess.
“I just wonder whether they’re totally igno-rant of economics or whether they’re willing todemagogue just with the hopes of getting a voteor two,” he said, without mentioning anyone byname.
South Carolina Sen. Jim DeMint echoedPaul’s remarks, and declared: “I think Romney’sgoing to win here. ... He’s hitting a lot of hot
buttons for me about balancing the budget, andfrankly I’m a little concerned about the few Re-publicans who have criticized some of what Iconsider to be free market principles here.”
At an evening town hall meeting in Colum-bia, Santorum defended Romney while accusingObama of criticizing business people.
“It’s this hostile rhetoric, which unfortu-nately — and I don’t want to stand here and bea defender of Mitt Romney — but unfortunatelyeven some in our own party now, even somerunning for president will engage in with re-spect to capitalism,” Santorum said. “It’s badenough for Barack Obama to blame folks inbusiness for causing problems in this country.It’s one other thing for Republicans to join in onthis,”
DeMint has been lobbied heavily by severalof the presidential contenders eager for his en-dorsement and has so far chosen to remain neu-tral. Still, the remarks by a man who has
sometimes taken the tea party’s side in clasheswith the Republican establishment sent a clearsignal that Romney was to be viewed as worthyof support.
The day’s events marked the unofficial startof a 10-day campaign that includes a pair of tel-evised debates, millions of dollars in televisionads and the first competition of the year in astate with high unemployment, a major militarypresence and a large population of evangelicals.
Joblessness in South Carolina, at 9.9 per-cent, is almost as high as in Iowa (5.7 percent)and New Hampshire (5.2 percent) combined. Bysome estimates, as much as 60 percent of theprimary electorate here is comprised of evan-gelicals.
Culturally and historically, the state has rela-tively little in common with either Iowa or NewHampshire.
Southwesterner Perry tried to emphasize aregional affinity.
“There wouldn’t be a Texas without SouthCarolina,” Perry said, referring to the Southernfighters who helped Texas gain independencefrom Mexico in the 1830s. As the other con-tenders arrived, his campaign began airing a tel-evision commercial in which decorated militaryveterans vouched for his commitment to thearmed forces.
Former Utah Gov. Jon Huntsman, who fin-ished third in New Hampshire, also urged Re-publicans to ease the criticism over Romney’sbusiness career and focus instead on his recordas governor of Massachusetts.
“He didn’t deliver any big bold economicproposals,” Huntsman said. “I delivered thelargest tax cut in the history of my state.”
Given the political state of play, a victory byRomney could signal a quick end to what formonths looked like it might be a long war of at-trition for the nomination.
Gingrich conceded as much. “There’s nomore time for talking about stopping Mitt Rom-ney,” he wrote in a “Dear Conservative”fundraising appeal. “We’re going to do it nextweek in South Carolina or he’s almost certain tobe the Republican nominee.”
Obama: Reward Businesses That Invest In U.S.
Romney: GOP Nomination In Sight?
JEFF SINER/CHARLOTTE OBSERVERFormer House of Representatives SpeakerNewt Gingrich addresses the audience duringa GOP town hall meeting, Wednesday, in RockHill, South Carolina. Gingrich is travelingthrough the state of South Carolina ahead ofthe upcoming GOP presidential primary.
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