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imposing tariffs? the best way to become more competitive is to make products more efficiently at a better price than other countries do. and there are a lot of things governments can do to help in terms of in vesting in research and development, world class infrastructure, training american so we have the best, most highly skilled work force in the world and promoting american exports around the world. there are a lot of forward, out word outward looking ways that pay off better than closing markets and protecting against imports. ben, we can t get competitive in that way in bicycle and apparel and things like that because those are wage-based things. i was speaking to richard trumka of the afl/cio and steel is not labor intensive. it takes one labor hour for a ton of steel or something like that. that is right.
we need a commitment to innovation which is request we ve agreed to expand cooperation between our scientists, researchers. we need world class infrastructure which is why american companies want to help you bid and prepare this city for owe llympic success. the united states and brazil should expand trade, expand investment, so we create new jobs and new opportunities in both of our nations. and that s why we re working to break down barriers to doing business. that s why we re building relationships between our workers and our entrepreneurs. together we ccan also promote energy security and protect our beautiful planet. as two nations that are committed to greener economies, we know that the ultimate
that gives us some responsibilities. we have to save more in this country. we have got to cut back on these huge levels of debt in the private and public sector. it also means there are structural reforms we have to undergo to make our self more competitive in the world economy, making sure we have the best education system in the world, that we are producing more engineers than lawyers. making sure that we have a handle on our fiscal problems, making sure we have a world class infrastructure. those are important parts of us being competitive and being able to export.
now, that gives us some responsibilities. we ve got to save more in this country. we ve got to cut back on these huge levels of debt both in the private sector, but also in the public sector. it also means that there s structural reforms that we have to undergo to make ourselves more competitive in the world economy, so making sure that we have the best education system in the world, that we re producing more engineers than lawyers, making sure that we have a handle on our fiscal problems, making sure that we ve got a world class infrastructure. those are all important parts of us being competitive and being able to export.
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