"Do the Math: Tech Growth Equals Economic Growth"

[applegrove]

Do the Math: Tech Growth Equals Economic Growth

by: Milania Franko Bright Side Of News

http://www.brightsideofnews.com/news/2013/3/28/do-the-math-tech-growth-equals-economic-growth.aspx

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Pretty much all jobs today use technology in some form or another, whether through a computer, cell phone, an automated system, or something else. So, it only makes sense that technology is a major factor that fuels jobs around the world. With technology, businesses are more efficient, cost-effective, and safe. So, the key to economic growth is a continued emphasis on improving technology for businesses.

One reason that President Obama won the U.S. presidential election in 2012 was because of his support for research and development in science and technology. Mr. Romney and Mr. Ryan proposed spending cuts in these areas. President Obama wants to continue to make strides in cleaner energy, which will bring jobs and help the U.S. thrive economically.

He wants to do this by investing in three science agencies - the Department of Energy’s Office of Science, the National Science Foundation, and the National Institute of Standards and Technology. President Obama has taken a look at the numbers and found that investing in technology will build jobs and help the economy grow and be stable.

Of course, President Obama isn't the only one that acknowledges how important technology is to the economy. Chairman, President and Chief Executive Officer of Texas Instruments, Richard "Rich" K. Templeton, said, "Research conducted at universities and national labs underpins the new innovations that drive economic growth." The U.S. has historically been a leader in technological development around the world and this is what is going to keep the economy at the top.

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[eridani]

1. Only if we take money from its owners and give it to displaced workers--

--so that they can drive the economy by spending it.

[applegrove]

2. That is the big discussion that needs to take place. A discussion the right has so far avoided:

so you're getting rich on all this technology stuff mr. corporation...how are you going to share that with the working people who are not owners of the corporations?