TechWonk Blog Subsection
TechWonk Blog
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Regardless of party affiliation, Tuesday's election result offers a clear and incontrovertible message for Washington's power corridors: voters expect (and in many cases, are demanding) consensus ideas and policies that will help limit the size of government, grow our nation's economy and create jobs. Failure to heed this warning will likely mean a repeat of the 2010 cycle, an even more polarized electorate, [...]
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Far too often in Washington, we lose sight of the practical. Essentially, how specific policies stand to impact millions of people and the communities in which they live and work. From health care and energy to technology and innovation, the standard default is analysis and legislative language, not the ingenuity (and vast potential) of a concept or idea. By focusing on the wonky instead of the practical [...]
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Let's be honest: There is no silver-bullet solution that will immediately stimulate job creation. The signs are everywhere that the economy's growth will be slow: stagnant 9.5 percent unemployment, looming deficits and a sense among many Americans that the worst is far from over. The road ahead will require real leadership and collaboration from the public and private sectors, but recent signs of such [...]
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President Obama and other world leaders meet in Toronto for this weekend’s G-20 summit amid a challenging period for global markets. U.S. unemployment still hovers around 10 percent. Trade deficits are widening. While the success of the summit’s proceedings will be based on many factors, collaboration and agreement on top-of-mind economic issues rank among the most important. Nowhere is this more relevant [...]
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The recently completed U.S.-China Strategic and Economic Dialogue (S&ED) creates an opening to improve the role of China on the global stage that should not be wasted. Heading into the upcoming G-20 summit in Toronto, it's critical that public and private sector leaders immediately engage in a robust dialogue aimed at clearly defining the prioritized objectives for our nations' long-term strategic [...]
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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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