president obama

Applications are being accepted starting today from qualified non-profit and public organizations (intermediaries) to provide loans to create jobs by promoting new business development. Funding will be made available through USDA’s Intermediary Relending Program (IRP). Intermediaries work as partners with USDA and serve as a critical component to boosting local economies.

The Intermediary Relending Program is USDA Rural Development's primary program for capitalizing revolving loan funds. Since President Obama took office, the program has created or saved an estimated 20,000 jobs nationwide.

Six-year-old Nathan Norman counts Smokey Bear as one of his new best friends. The Rustburg, Va., boy recently met Smokey and a number of wildland firefighters and law enforcement officers from the George Washington and Jefferson National Forests as part of his hobby of reaching out to these first responders for cards and letters of support.

Nathan, diagnosed with brain cancer at 2 and with spinal cancer at 4, has spent much of his life in and out of hospitals.

When Kathy Patterson and Stacey Schuett decided to write President Obama a letter, it wasn’t about the economy or climate change. They didn’t give their views on gun control and they didn’t express their feelings about the gridlock in Congress.

They simply said thank you.

“We are writing to express our heartfelt appreciation for the microloan program that was put into place in January,” the letter stated. “While $35,000 is tiny compared to other programs, for a two-family farm like ours, it is a game changer.”

Kathy and Stacey, owners of Sebastopol Microgreens, were the first in Northern California to receive the new microloans developed by the U.S. Department of Agriculture’s Farm Service Agency (FSA) to help beginning, small and niche farmers. The loans ease certain requirements, streamline the application process and provide a faster turnaround time for approvals, when compared to regular operating loans.

“This program is like having a partner give you a boost when you need it most,” said Kathy.

We all like to save a buck.  But what if you not only saved a buck today, but one tomorrow, and the next day and for the rest of your life?

Hopefully, that’s a lot of bucks.

Kentucky is well-known for its “bluegrass” lands, horses, bountiful agriculture and mountainous hills in the Appalachian region of America. A region historically challenged economically. But today, it is a region on the cusp of new economic opportunity. I recently saw first-hand how the region’s collaborative approach to economic development is unleashing a blazoned entrepreneurial spirit that serves as a model for re-establishing the relevance of rural America to our global economy.

In his State of the Union address, President Obama laid out the importance of manufacturing as we seek to make America a magnet for jobs. He believes there’s much we can achieve to create new manufacturing jobs, including in rural America.

For example, we can achieve a common-sense reform of the tax code. The President proposed lowering tax rates for manufacturers by 25 percent, while ending unfair tax breaks for companies that ship jobs overseas.

We can achieve strong markets and a level playing field for American-made products.  USDA has already helped the President achieve record exports of agricultural products – with more than $478 billion in agricultural exports from 2009-2012. We will be there to help expand trade with Europe, Asia and other areas throughout the world. These efforts will open doors not just for agriculture, but for quality manufactured products made here at home.

Cross posted from the Department of Energy blog:

Each year, urban households in the U.S. combined use more than three times the total energy that America’s rural households do. Yet, the Energy Information Administration estimates that rural families spend about $400 more per year in energy bills compared to the typical urban household. Unlocking new opportunities to save energy will help rural Americans save money, while improving our energy security, creating jobs and protecting our air and water.

Today’s farmers and ranchers are the most productive in the history of our nation. By embracing innovation, farmers of many crops are able to produce more than ever today. Meanwhile, our producers, foresters and rural landowners are undertaking modern conservation practices that help them achieve three to five times the benefits of older techniques.

At USDA, we’re working to support America’s farmers and ranchers in making the next big advances in agriculture and conservation.

First and foremost, we will continue to strengthen agricultural research. In his State of the Union Address, President Obama discussed a critical need to invest in the best ideas. We know that investing in agricultural research helps the economy and strengthens agriculture. Every dollar invested in this research generates $20 in economic benefits for our nation, while giving our farmers and ranchers new tools to mitigate risk and increase production.

This week, in his State of the Union Address, President Obama laid out his plan to make America a magnet for jobs in the generations to come, and further strengthen the middle class.   He stressed that in the wealthiest nation on earth, we must build up ladders of opportunity – to ensure that folks who work hard and play by the rules have a chance to get ahead.

The values the President spoke of in his address are shared by many across rural America. Our farmers, ranchers, rural businesses and families are committed to the value of hard work.  They agree that we owe today’s young people the opportunity to get ahead. They know that we must continue working to alleviate rural poverty to build up the middle class across our nation.

The President’s first priority is to make America a magnet for jobs – and when it comes to job creation, there’s no place like rural America.