Growth is steady and inflation is in check. We will continue to succeed tomorrow and in the years to come. But only if we take advantage of opportunities presented by the new global economy. In today's economy it is not just companies, it is also nations that compete. Together, they form the basic equation of international competitiveness.
Private investment drives competition and growth.
That is why private investment and competition is such a fundamental part of our NII agenda. Second, a skilled workforce. For businesses to succeed, it also is necessary that we have an educated, well-trained workers. To be the most competitive nation in the world, we need the best workforce in the world. That is why the President's middle class tax cut is focused on education and training.