Wednesday, November 14, 2012

Reed Hundt and Blair Levin: For a Politics of Abundance, Growth First

From the article: "After the election, Washington, D.C., has the same power structure, but a very different strategic situation. Because existing law raises taxes and cuts spending at the beginning of 2013, the Republican House must compromise with both the Democratic Senate and re-elected President Barack Obama on the budget. No one can prize gridlock above agreement.

Washington's habitual inclination in such situations, however, is toward protracted negotiation of marginal changes. Now is the time for Silicon Valley leaders to demand that while negotiating budget compromises, Congress also immediately pass laws that allow the private sector quickly to deliver breakthroughs in information technology and clean energy to the market.

Potential technological abundance can give the United States both a high and rising standard of living and a rapid reduction in dependence on carbon-intense energy uses." Read more