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When the leader of the free world walks through a door, it is usually the audience that is in a bit of awe. But today, when President Obama visited the Applied Materials campus in Austin, Tex., the tables were turned. After touring the facility and seeing the chip assembly facility and the precision with which the team there works, the president seemed genuinely impressed. It was incredible. [I [...]
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Right after the President’s speech in Las Vegas today, ITI’s Dean Garfield was on Bloomberg TV with the Cato Institute’s Alex Nowrasteh and Bloomberg’s Hans Nichols. While a host tried to put Dean and Alex at odds with each other, it turns out that they agree on many of the bipartisan proposals put forward in the last couple of days. You can watch the interview on the Bloomberg TV website. Highlights [...]
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Politico Pro and ITI member Cognizant co-hosted a great conversation this morning focused on immigration, technology, and the 113th Congress. ITI's Dean Garfield was a panelist, and made the case that there is bipartisan support in Congress for high-skilled immigration reform, and, if done right, such an approach can lead to a stronger economy and greater job creation across the country. In his remarks, [...]
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“Our top priority has to be jobs and growth . . . providing more Americans the chance to learn the skills that businesses are looking for right now; keeping this country at the forefront of research, technology and clean energy.” That’s how President Obama opened his first post-election news conference, before spending the majority of time talking about anything but job creation. Ok, in the President’s [...]
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Critics of a competitive market-based or territorial tax system are latching onto a study out today by NerdWallet -- a personal finance website that features recommendations on things like credit card rates and gas prices -- as the latest “evidence” that corporate tax reform really isn’t necessary. The study claims that ten of America’s top economic champions -- including Apple, IBM, and Microsoft [...]
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As we recap last week's Silicon Valley visit by the delegation of Brazilian government officials, eBay sent over this look at the session it hosted. The piece was originally published at eBay's Main Street Public Policy site. With abundant natural resources, robust financial system and massive domestic market of free spending consumers, Brazil shapes as one of world's hottest investments destinations [...]
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Starting Wednesday, the U.S. will host the third U.S.-India Strategic Dialogue, with economic issues front and center in the discussions. We expect that one of the trade issues that will come up is the Indian government’s preferential market access (PMA) mandate for electronic goods. It's a policy that could severely hurt trade between the two countries, especially in the technology arena. As the [...]
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Bloomberg today came out in favor of bipartisan Senate legislation that has ITI's backing -- the recently introduced Startup 2.0 Act. In its editorial, Bloomberg highlights the competitive disadvantage that the United States faces because of an arbitrary, outmoded immigration system. During the next five years, 100,000 immigrants – many with advanced degrees – will leave America and take their innovative [...]
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On Wednesday afternoon, the Senate Banking Subcommittee on Security and International Trade and Finance zeroed in on one of the major issues impacting the success and direction of the global economy: the complex economic relationship between the United States and China. While some think it will be impossible for China to overtake the U.S. in innovation, a growing number of experts see things differently. [...]
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Later this afternoon, at 2 p.m. ET, ITI’s Dean Garfield will testify at a Senate Banking subcommittee hearing focused on the economic and trade relationship between the U.S. and China. You can listen through C-SPAN. Here is his full testimony, and some highlights are below. The ability to freely access foreign markets such as China and compete on equal terms has been critical to the health of the [...]