American Competitiveness Initiative

By February 1, 2006General

Here is the part of the President’s speech last night outlining the American Competitiveness Initiative:

First: I propose to double the Federal commitment to the most critical basic research programs in the physical sciences over the next ten years. This funding will support the work of America’s most creative minds as they explore promising areas such as nanotechnology, supercomputing, and alternative energy sources.

Second: I propose to make permanent the research and development tax credit, to encourage bolder private-sector investment in technology. With more research in both the public and private sectors, we will improve our quality of life — and ensure that America will lead the world in opportunity and innovation for decades to come.

Third: We need to encourage children to take more math and science, and make sure those courses are rigorous enough to compete with other nations. We have made a good start in the early grades with the No Child Left Behind Act, which is raising standards and lifting test scores across our country. Tonight I propose to train 70,000 high school teachers, to lead advanced-placement courses in math and science … bring 30,000 math and science professionals to teach in classrooms … and give early help to students who struggle with math, so they have a better chance at good, high-wage jobs. If we ensure that America’s children succeed in life, they will ensure that America succeeds in the world.

Preparing our Nation to compete in the world is a goal that all of us can share. I urge you to support the American Competitiveness Initiative … and together we will show the world what the American people can achieve.

And here’s a link to our 2005 Labor Day Report, hitting most of the same points. In short, we agree.

Join the discussion One Comment

  • Josh Abend says:

    The Presdents recent ACI iniative is a great rallying cry for reclaiming yankee innovation but it will not solve our immediate competitive needs. Here are are several reasons why ACI next steps ought to be carefully examined.

    1)It will be another decade or more before all the math & science classes get converted into successful US technological outcomes.Do we first have to wait for our high school students to get into the work force ? India & China have already taken that educational lead and they have the population numbers to overtake.

    2)Lets be realistic the global competitiveness” starting gun has already been fired; what we need to do is strenghen & maximize the innovation potential of our present talent as fast as we can.. now a question of doing more with less. Look around and note that many of our commericial & technological successes have been produced by innovators not science teachers. Shouldn’t we be reinforcing, educating,promoting, and funding advanced INNOVATION practice and methodology to achieve what is defined as “serial innovation”?

    3)Out-sourcing and off-shoring are now standard business pratice should it surprize anyone that we are also giving away and sapping our domestic brainpower. Can we expect that young math students coming up between 2016-20 are going to turn that around ?

    4) Finally the acid test is to improve opportunity for entrepreneurship. That stlll remains as a an incredible financial dice roll for the individual. VC’s today do not fund start ups. Why is it considered so macho to put your house on the line to bootstrap an idea? Several countries have developed better models to support and profit from entrpreneurship without bankrupting the innovator; will that also be taught in the math & science classes?

    The Bottom line is this; there is not enough space in this reply to outline the many things we can do tomorrow to improve our present and future competitvenss.