"The president's in Asia because it's important. More than 95 percent of the customers of the world are not in the United States. You wanna sell things, you gotta go where the customers are. We are going to grow our way out of this, and exports is going to be an important component of that. For that all patriotic Americans can agree. Because the American economy has never taken a backseat to anybody, and we are not about to start now." - Austan Goolsbee, chairman of the president's Council of Economic Advisers.
The goal of the National Export Initiative, Goolsbee says, as he draws a bar chart, is to increase exports from the current $1.57 trillion level to $3.14 trillion by 2014. "We would literally double exports in the United States," Goolsbee says.
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