TechNet, the bipartisan political network of CEOs that promotes the growth of the innovation economy has applauded President Barack Obama for emphasizing the vital role that competitiveness and innovation must play in tonight’s State of the Union speech. What follows is a statement from TechNet President and CEO Rey Ramsey about Obama’s speech:
“President Obama laid out a clear, rational narrative that for America to win the future we must build a foundation of investments and policies that ensure our country’s leadership in the global economy. We applaud the President’s call for smart policies such as improved investments in research and development, education, clean energy and sensible tax reform to make our businesses more competitive.
“Certainly, today’s budgetary environments are a challenge – and many worthy programs will have to tighten their belts. But we cannot abandon our responsibilities to the next generation. We must continue to carefully and intelligently invest in those areas that will help drive today’s economic recovery and tomorrow’s economic prowess. We stand ready to work with the Administration and Congress to ensure that America remains the leader in the world economy for generations to come and seizes on this “Sputnik moment.”