By Max Fisher, The Atlantic Wire
President Obama raised eyebrows during the State of the Union address by vowing to double U.S. exports over the next five years. That’s a hefty promise–total U.S. exports in 2009 are estimated at about $1.5 trillion. Some pundits shrugged off the initial claim as politically expedient hyperbole, but the White House is appears to be taking the notion seriously. On Thursday, Obama and Commerce Secretary Gary Locke unveil plans for how they intend to double exports, which they say will be a major force in job creation. Can they really do it?
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