Obama calls election ‘make or break’ for the middle class

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President Barack Obama arrives on Air Force One at Paine Field in Everett, Washington, Friday, February 17, 2012. (Photo by Greg Gilbert/Seattle Times/MCT)
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SEATTLE (MCT) — President Barack Obama called the 2012 election a “make-or-break moment” for the middle class Friday during a campaign swing through the Seattle area, rallying supporters at two pricey Eastside fundraisers and touring Boeing’s Everett plant to promote his plans to revive American manufacturing.

Obama touched down at Paine Field Friday morning and toured a United Airlines 787 at the end of the Dreamliner assembly line, pronouncing the dimmable windows in the plane “pretty spiffy.”

Several hundred Boeing workers at the widebody jet plant caught their first glimpse of the president as he descended the steps of the 787.

Addressing the receptive crowd, Obama touted his efforts to protect domestic manufacturers, including a proposal to change federal tax policy to reward companies that keep jobs in America — and take away tax breaks for those that move work overseas.

Despite Boeing’s record of foreign outsourcing in the last decade, the president gave the company credit for its more recent recognition of the value of its U.S. workforce.

“If you’re a business that wants to outsource jobs, that’s your choice. But you shouldn’t get a tax deduction for doing it,” he said. “That money should be used to cover moving expenses for companies, like Boeing, that decide to bring jobs home.”

Obama also announced moves to strengthen the powers of the federal Export-Import Bank, which helps finance Boeing’s international sales. Fred Hochberg, chairman of the bank, accompanied the president on the trip.

Obama cited the bank’s financing support for Boeing’s sale of 230 jets to Lion Air of Indonesia, finalized just last week. “That was one of the biggest deals Boeing had ever done,” he said.

After the Boeing speech, the president finished off his latest West Coast campaign swing with two fundraisers.

The first stop was a $17,900-per-person event at the home of Costco co-founder Jeff Brotman and his wife, philanthropist Susan Brotman, where about 70 guests ate a lunch made by renowned local chef Tom Douglas and listened to several songs performed by Natalie Cole.

The guests, including Microsoft co-founder Bill Gates, had a chance to chat one-on-one with Obama and have their photo taken with him.

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