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Flagging economy needs science investments

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Flagging economy needs science investments
Topic: Business 6:23 am EST, Feb  7, 2008

Craig Barrett, Intel chairman:

At a time when the rest of the world is increasing its emphasis on math and science education and increasing their budgets for basic engineering and physical science research, the US Congress is telling the world these areas are not important to our future.

Perhaps this would all be a moot discussion if we could continue to import the best and brightest minds from around the world to start and staff our next generation of high tech startups. But Washington can't even get that strategy straight.

The United States stands at a pivotal point in our history. Competition is heating up around the world with millions of industrious, highly educated workers who are willing to compete at salaries far below those paid here. The only way we can hope to compete is with brains and ideas that set us above the competition - and that only comes from investments in education and R&D. Practically everyone who has traveled outside the United States in the last decade has seen this dynamic at work. The only place where it is apparently still a deep, dark secret is in Washington, DC.

What are they thinking? When will they wake up? It may already be too late.

Flagging economy needs science investments



 
 
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