Tag Archives: Commerce Department
Dear Research Advocate:
The Commerce Department’s report of the U.S. trade deficit narrowing to its lowest level since October 2009 is welcome news, but the devil is in the details. Despite the economic progress, our trade deficit with China is nearly as large as our overall trade deficit. Put that together with the fact that China is rigorously investing in R&D while our nation stifles it, and you can see the handwriting on the wall. U.S. export capabilities will be stymied while China’s are bolstered. It’s not a recipe for a strong and stable economy going forward.
China is not the only nation steadily increasing investment in R&D, taking a page from what used to be the U.S. playbook. As I shared with Jonathan Cohn of The New Republic for his article today, “If federal funding continues to decline, our leadership status in the short-term will be tenuous at best.” Research!America’s polling on international competitiveness shows that Americans are acutely aware of our declining leadership status: More than half believe that a country other than the U.S. will be the global leader in science and technology by 2020. A quarter of respondents say that China will be the next world leader.
Sam Stein of The Huffington Post portrays the consequences of short-sighted budgets for science. His story’s dramatic headline — “Sequestration Ushers In A Dark Age For Science In America” — is illustrated with economic points and also stresses what may be lost in terms of scientific discovery. Claire Pomeroy, MD, president of the Albert and Mary Lasker Foundation, reinforces the sentiment in her piece on the importance of research advocacy, also in The Huffington Post yesterday. Please join us in being sure your elected representatives receive the message carried in these articles, and then urge everyone in your networks to do the same! Continue reading →