TechWonk Blog Subsection
TechWonk Blog
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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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