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Showing posts from February 3, 2011

Obama's Sputnik spin is way off orbit

Business Times - 03 Feb 2011 PERSPECTIVE Obama's Sputnik spin is way off orbit By LEON HADAR WASHINGTON CORRESPONDENT WHO could fault US President Barack Obama when he used his State of the Union Address last week as an opportunity to call for American economic renewal and for investing in scientific research technological development as well as in the reform of the education system and the rebuilding of the country's infrastructure? After all, he proposed these and other ideas as part of a strategy aimed at unleashing another wave of American innovation and meeting the competitive challenges of globalisation in the 21st century. And Mr Obama should be applauded for challenging the Americans, who are recovering from the worst economic downturn since the Great Depression, to look towards a better future by setting these ambitious goals that involve cooperation between government and business in investment in clean energy technology and biomedical research and in trying to open n...