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The Podium

Friday, January 07

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Falling Behind

By Brad

Speaking at CES yesterday, U.S. Commerce Secretary Gary Locke warned that the U.S. is behind when it comes to technology and innovation. Via The Hill, Locke said:

“A report from the Information Technology and Innovation Foundation concluded that no advanced economy in the world has done LESS than the United States to improve its competitive position over the last decade. No wonder then that this past decade featured the slowest average annual GDP growth in America since World War II.”

Locke then went on to talk about the Obama administration’s attempts to right the ship, including reducing the backlog at the U.S. Patent Office and increased national funding for research and development.

 

Tags: innovation, obama administration, ces

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