On Monday, Obama is expected to reverse ban on federal funding for embryonic stem cell research that has been in place since 2001(http://www.npr.org/templates/story/story.php?storyId=101565266)
Minnesota's senate seat will remain vacant after the state Supreme Court rejected Al Franken's request for an election certificate and allowed the pending lawsuits to continue (http://www.nytimes.com/aponline/2009/03/06/washington/AP-Minnesota-Senate.html)
If the U.S. economy can't find new areas of information technologies, science and research, competitive services, and a healthy manufacturing sector that can compete in a viable future economy, then we are in trouble. The article brings up an important point, and that is the idea of retraining our workers to fulfill these new jobs that MUST be created; the government cannot have its purse in the markets forever, and only a competitive workforce can ensure that. I would not be surprised if national unemployment reached 10-12 percent before the markets can regain confidence and innovation for a young and anxious workforce.
ReplyDeleteI agree - especially when in comes to information technologies, science and research. I have high hopes that we will be able to restore America's position in cutting-edge scientific research and development (in stem cell research, for example). Scientific discovery and development has consistently driven economic growth throughout history. Anyone who questions this should take a look at this list: http://www.thespaceplace.com/nasa/spinoffs.html
ReplyDeleteThat wasn't the exact list I had in mind, but I cannot find the other one. Anyway, it gets the point across. INNOVATE AMERICA!
interesting article on the Franken/Minn Senate seat... we know how courts meddling in elections ended up last time... (see Bush v. Gore).
ReplyDeleteAnother, very recent, example of a NASA technology offering a potentially valuable spinoff product for turning the tide into energy - http://www.physorg.com/news155572999.html
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