More foreign investment to US

(The Boston Globe, November 01, 2013)

Facing a sluggish economy, President Obama announced an expanded government role to draw foreign companies to the United States, arguing that the American workforce, cheaper energy costs, and an improving economy make the country an attractive home for investments. Obama said the goal is to make that outreach more efficient, making better use of the federal government to promote the United States overseas — a job that had previously been left primarily to states and cities, which had to compete against foreign countries to attract foreign investors.