Obama to Meet With Technology Executives on Economy, Jobs

President Barack Obama will meet with technology business executives in the San Francisco area on Feb. 17, just days after unveiling a $3.7 trillion budget for fiscal year 2012 that boosts investments in innovation and education.

The meeting is the latest in Obama’s attempts to rebuild relationships with the business community, which were strained by disagreements over the president’s effort to overhaul health care and financial regulations. While on the West Coast, Obama will visit Intel Corp.’s Hillsboro, Oregon, campus on Feb. 18 and tour the company’s semiconductor manufacturing facility with Intel Chief Executive Officer Paul Otellini.

“The president has been reaching out to CEOs over the past couple months and will continue to do that,” White House Deputy Communications Director Jen Psaki said in an interview with Bloomberg Television. “On his way to Oregon on Friday, he will meet with some technology CEOs.”

While in the San Francisco Bay area, Obama and the technology leaders will discuss ways to spur job growth, strengthen the economy and promote investments in research and development, education and clean energy, Psaki said, without providing the names of the executives.

Last October, Obama squeezed in a private meeting with Apple Inc. CEO Steve Jobs in between a series of West Coast political events. One of the stops on that trip was a fundraiser at the home of Marissa Mayer, Google Inc.’s vice president of search products.

The president is seeking support for his economic agenda, which is focused on spurring growth through innovation and technology.

He said in his Jan. 25 State of the Union address that the U.S. faces a new “Sputnik moment” that demands investments in education and research to keep the nation economically competitive. He called for an expansion of his Race to the Top program, spending to prepare 100,000 new math and science teachers over the next decade, and a more flexible version of the No Child Left Behind law to be passed this year.

To contact the reporter on this story: Julianna Goldman in Washington at Jgoldman6@bloomberg.net

To contact the editor responsible for this story: Mark Silva at msilva34@bloomberg.net

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.