SAMBOLIN: President Obama is live in Milwaukee, Wisconsin, talking to employees at Master Lock. Let's listen in.</s>BARACK OBAMA, PRESIDENT OF THE UNITED STATES: When I took office -- a lot of UAW workers here. You guys remember this. When I took office, the American auto industry was on the verge of collapse. And there was some folks who said we should let it die. With a million jobs at stake, I refused to let that happen.</s>OBAMA: I refused to let that happen. We said, in exchange for help, we're going to demand responsibility. We got workers and automakers to settle their differences. We got the industry to restructure and retool, come up with better designs. Today, the American auto industry is back, and General Motors is once again the number-one automaker in the world.</s>OBAMA: Chrysler has grown faster in the U.S. than any major car company. Ford is investing billions in U.S. plants and equipment and factories. And altogether, over the past two years, the entire industry has added nearly 160,000 jobs. Well-paying jobs. What's happening in Detroit can happen in other industries. What happened in Cleveland and Pittsburgh and Rawlins and Milwaukee, that's what we've got to be shooting for, is creating more opportunities for hard- working Americans to get in there and start making stuff again and sending it all over the world, stamped with those three proud words, "Made in America." That's our goal.</s>OBAMA: And that's what's happening right here at master lock, because of you. Over the last few years, it's become more expensive to do business in countries like China. Meanwhile, American workers, we've become even more productive. So when John Hepner was at the White House in January, he told me how it makes more business sense for Master Lock to bring jobs back home here to Milwaukee.
Obama Speaks to Workers in Milwaukee