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1995-01-03
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Date: Fri, 11 Sep 92 13:47:52 EDT
From: Rita Marie Rouvalis <rita@EFF.ORG>
Subject: File 6--Bill Clinton on Electronic Technology (From EFFector 3.04)
STATEMENT OF BILL CLINTON FOR THE INSTITUTE OF ELECTRICAL
AND ELECTRONIC ENGINEERS (IEEE)
Bill Clinton for President Committee * 1317 F Street, NW, Suite 902 *
Washington DC 20004 Telephone 202-393-3323 FAX 202-393-3329
e-mail correspondence@dc.Clinton-Gore.org
"We face a fundamental economic challenge today: to create a
high-wage, high-growth national economy that will carry America into
the 21st century. We need a long-term national strategy to meet this
challenge and win.
"Our productivity and income have been growing so slowly because
we've stopped investing in the economic infrastructure that binds our
markets and businesses together, in the education and training
necessary to give our workers world-class skills, and in the research
and development that can restore America to the cutting edge of the
world economy. As a nation, we're spending more on the present and
the past and building less for the future. We need a President who
will turn the country around and refocus on the long view. As
President, I will divide the budget into three parts, creating a
separate 'future budget' for the federal government to make
investments that will enrich our country over the long term. Today
the federal government spends only 9 per cent of the budget on
investments for the future; a Clinton Administration will double that.
We will pay for it by diverting resources no longer needed for
defense, but we will ensure that every dollar we take out of military
R&D goes into R&D for civilian technologies until civilian R&D can
match and eventually surpass our Cold War military R&D commitment.
"As President, I will create an investment tax credit and a new
enterprise tax cut that rewards those who invest in new businesses
that create new jobs. I will also make the research and development
tax credit permanent.
"My administration will create a civilian research and development
agency to support research in the technologies that scientists have
already identified as the basis for launching new growth industries
and revitalizing traditional ones over the next two decades. This
civilian DARPA will coordinate R&D to help companies develop
innovative technologies and bring new products to market. And without
inhibiting the competition that drives innovation, we will encourage
and promote collaborative efforts among firms and with research
institutes for commercial development just as we have done with
defense technologies for 40 years.
"A Clinton Administration will create a high-speed rail network
between out nation's major cities. And in the new economy,
infrastructure means information as well as transportation. More than
half the U.S. workforce is employed in information-intensive
industries, yet we have no national strategy to create a national
information network. Just as the interstate highway system in the
1950s spurred two decades of economic growth, we need a door-to-door
fiber optics system by the year 2015; a link to every home, lab,
classroom and business in America.
"For small defense manufacturers hit by cuts in defense spending,
the Small Business Administration will provide small conversion loans
to help finance their transition, and launch a Technology Assistance
Service -- modeled on the Agricultural Extension Service -- to provide
easy access to the technical expertise it takes to convert to
commercial production.
"To enjoy the full benefit of these investments, we must do
everything possible to open up markets now closed to American
products. My administration will provide the leadership for Japan and
the European countries to join us in coordinating our macroeconomic
policies and in reaching multilateral trade negotiations. But we will
also provide the muscle to open up Japan's markets to competitive U.S.
products using a stronger and more carefully targeted "Super 301"
approach. We favor a free and open trading system, but if our
competitors won't play by those rules, we will play by theirs.
"All the investments in the world won't mean much if our workers
don't have the education or the skills to take advantage of the
opportunities they create. My administration will fully fund Head
Start, increase funding for Chapter 1, and provide seed money for
innovative education projects. However, we will also raise standards
by establishing a national testing system in elementary and secondary
schools and instituting report cards for ever state, school district,
and school in the nation, to measure their progress. We will also
create a nationwide apprenticeship program for those young people who
choose not to go to college, and a national trust fund for college
loans for those who do. These loans will be repaid either as a small
percentage of income over time or with a couple of years of national
service.
"With the strategy I have outlined, we can restore the American
Dream by enabling every citizen and every business to become more
productive, and in so doing, restore our nation to the front lines of
high technology.
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