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Leaders of high-tech companies said Tuesday the United States risks losing its competitive edge without significant new investments in education, research and development and the spread of broadband technology.
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Well file that one under "NO SHIT HOLMES"...
"The world is changing a little bit, and frankly there is a significant amount of concern that if we don't make some adjustments, follow the right public policies, do some things that are important, we could find ourselves very quickly losing the advantage we've had for so long," Rick White, president and chief executive of high-tech lobby TechNet, said at a press conference.
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Makes sense doesn't it?...so what do you suppose we ought to do...
They also called on Congress to increase basic research funding and make permanent a research and development tax credit; promote broadband development, in part by minimizing regulations; enact a U.S.-Central America-Dominican Republic free trade agreement; promote cybersecurity initiatives; and
continue to take steps to reduce frivolous lawsuits....
That's right...investing, who am I kidding, just thinking about social policy is not their answer. No, they feel the answer is in REDUCING FRIVOLOUS LAWSUITS, oh yeah, and opposing the requirement to expense stock options. :eyes:
http://story.news.yahoo.com/news?tmpl=story&cid=528&e=1&u=/ap/20050309/ap_on_hi_te/high_tech_competition