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Against the backdrop of stagnant unemployment and a market still struggling to recover from the worst economic downturn since the Great Depression, it's hard to credit any one industry with delivering the momentum necessary to bring about sustained growth. However, as evidenced by recent earnings reports out of AMD, Apple, eBay, Google, IBM, and Intel -- and the ripple effect each has had across markets [...]
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At 30,000 feet, a recent in-flight viewing of the movie "Up in the Air" presented an applicable analogy to the challenges the high-tech community faces in Washington, D.C. Namely, once you get below 30,000 feet, things are not what they appear to be on the surface. This is particularly true of the debates taking place in Washington that too often ignore the true role and economic realities affecting [...]
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With the National Broadband Plan announced by the FCC this week, U.S. lawmakers now have an opportunity to do something that will truly and positively impact the lives and well-being of every American for decades to come. The fact is that broadband will help lead the way in new and emerging industries and create millions of jobs for generations of American workers. However, as a recent FCC survey shows, [...]
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With our nation's unemployment rate still stubbornly close to post-World War II highs, it's clear that government spending, tax policy tweaks and job programs alone will not create all the new jobs Americans need. Rather than hoping for an economic miracle, U.S. policymakers and corporate CEOs should take a page from our economic history and build the high-tech Internet infrastructure that could get [...]
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When the networking giant Cisco recently experienced a 23 percent jump in quarterly profit and 8 percent gain in revenue, John Chambers, the chairman and CEO, announced plans to hire as many as 3,000 workers — despite an economy struggling to recover from the worst fiscal crisis since the Great Depression. Last week, Intel announced a $3.5 billion initiative for investment in U.S.-based technology [...]
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Every two years, the eyes of the world are trained on the Olympics, with each participating nation hoping to take home the gold. Put simply, the games are an awe-inspiring event and, for me, a time of great national pride. This year, however, they are also a stark reminder of how America has lost sight of its competitive drive -- and edge -- when it comes to technology innovation. The race to innovate [...]
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Investing and innovating with an eye toward benefiting from global markets will directly result in more dollars for jobs today and tomorrow. President Obama is unlikely to use these terms, but the state of our union is decidedly uncertain. What we need most at this time of uncertainty and unease is the President’s strong leadership. Fortunately, President Obama has the opportunity in his national [...]
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Despite an anguished labor market - the nation shed another 85,000 jobs in December - U.S. leaders still seem mired in politics and hesitant to act boldly to reverse our economy's deterioration. High-tech companies understand the mounting pressures that are weighing down American families, businesses and policymakers. However, these companies are also acutely aware of the opportunities and 21st century [...]
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President Obama’s administration has established its adeptness at juggling and making mission critical decisions on multiple priorities at the same time. What is less certain at this point is whether the administration is prepared to make those tough calls that are contrary to popular opinion but that are in the country’s best interest. The President’s choice of how to address the lack of job creation [...]
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In the next few days, over 50 million people-nearly one quarter of our nation's population-will be streaming onto campuses across the country. Even putting aside the sheer number of students attending school, the training of the next generation of leaders should be cause for excitement about America's future. Unfortunately, based on today's realities these students are more likely to play a scientist [...]
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