September 21st, 2009
12:18 PM ET
5 years ago

Obama urges investment in high-tech education


NEW YORK (CNNMoney.com) –
President Obama on Monday pushed his plans to make the nation's economy more stable in the future by investing in education for high-tech industries.

Speaking at Hudson Valley Community College in Troy, N.Y., Obama emphasized the need to encourage entrepreneurship and international
competition.

He also reiterated his call for increased investment in green energy technology, electronic health records and manufacturing advanced vehicles.

"Our strategy begins where innovation so often does: in the classroom and in the laboratory - and in the networks that connect them to the broader economy," the president said in prepared remarks. "These are the building blocks of innovation: education, infrastructure, and research."

The administration says its under its new innovation strategy, $100 billion of economic stimulus funds will be used to support innovation,
additional support for education, infrastructure and other investments.


Filed under: President Obama
soundoff (55 Responses)
  1. S Callahan

    Thank You Mr. Presdient for coming to Troy. A home of brillant minds, vision, and the blessings of God.

    President Obama is moving on the energy that was presented through CNN's science blogs over the last few years....and people in the Capital District area have brought those ideas to frutation in both the economic and educational areans...it's a vision that is not limited to our area, but for the whole US and for the world.

    September 21, 2009 12:22 pm at 12:22 pm |
  2. Lois

    YEAH! A President who really wants to do something about education in this country!

    September 21, 2009 12:24 pm at 12:24 pm |
  3. Randolph Carter, the elitist, narcissistic Obamabot

    And while you're at it, how about revoking all of the H1-B visas so that Americans with technical skills can get back to work? We've received 50 resumes for two 3-month temp positions paying $15/hr where I work. Some of the applicants had 20+ years of computer expertise. Some were willing to relocate from the other end of the country. That's how bad it is in the tech sector right now. But just keep outsourcing. After all profits are more important than people, aren't they? Have a nice day!

    September 21, 2009 12:26 pm at 12:26 pm |
  4. Dominican mama 4 Obama

    Thank you President Obama for trying to bring us kicking and screaming to the 21st century. There are those that did not want you to address their children at school perhaps out of fear of having children see what you have accomplished as a Black man. The GOP is intent on keeping the few that still call themselves GOP'ers dumb and 'barefoot'. Knowledge will put the final nails on their coffin. The propagation of morons like Glen Beck speaks to how low the Party of Lincoln is willing to stoop in order to reach the sludge that's at the bottom of our society.

    September 21, 2009 12:30 pm at 12:30 pm |
  5. southerncousin

    Those are liberal code words for the teachers unions need more money as a political payback for having their members vote for me.

    September 21, 2009 12:34 pm at 12:34 pm |
  6. jasonk

    Obama has been a fierce proponent of outsourcing jobs to India. WTH are hitech jobs good when you have to compete in wages with a thirdworld country? Anyone looking for a career in computer field. I would say stay away. Most jobs continue to wither away to our corporate greed and the best congress money can buy. Obama did promise to curb outsourcing but we have yet to see anything concrete thus far on the promise. Hope it does not turn out like the public option–Obama is for it but does not care if it happens or not.

    September 21, 2009 12:35 pm at 12:35 pm |
  7. yuri

    But the fact remains that the conservative cuckoos will still corner BHO and try to contain his covert operations on improvement of education, in any which way they can.

    What they (the conservatives) refuse to believe will be the fact that education is also something like an investment in the future of so many children in the US, many whom still lack adequate knowledge in civics and social studies.

    September 21, 2009 12:35 pm at 12:35 pm |
  8. Melissa

    Sounds good to me. Its time to reward innovation and invention, instead of mediocrity.

    September 21, 2009 12:36 pm at 12:36 pm |
  9. Fair is Fair

    The outsourcing of computer jobs started with the Clinton administration.

    September 21, 2009 12:39 pm at 12:39 pm |
  10. Laura in KS

    Allowing ignorance to spread, unchecked, through a population is the worst crime society can commit against humanity.

    September 21, 2009 12:41 pm at 12:41 pm |
  11. Debra R

    He should be pushing for grants for all those doctors and nurses we are going to need if he crams his healthcare thru....

    September 21, 2009 12:42 pm at 12:42 pm |
  12. Tony in Phoenix

    One word that keeps the smart kids from pursuing engineering jobs – Outsourcing.

    There is no shortage of engineers or scientists in this country, just a shortage of those willing to work for lousy wages.

    There is one benefit from the President's efforts for healthcare reform. I once had a meeting with an executive of a Taiwanese company. He gave me an analysis of why he was hiring more engineers in Taiwan rather than his office in Silicon Valley. A huge factor was the cost of health insurance. An engineer in Taiwan would cost him about $1,000 per year. In California, the same engineer cost $12,000 for insurance. If the health insurance cost were about the same, it would be a toss up where he would add jobs.

    September 21, 2009 12:43 pm at 12:43 pm |
  13. LacrosseMom

    I am grateful that we have a visionary in the White House. President Obama is correct, unless we invest in our children's education, we can kiss our "Super Power" status ....... goodbye.

    September 21, 2009 12:46 pm at 12:46 pm |
  14. DC Insider

    Why hasn't CNN put any articles out there about the President's decision on Friday to levy tarrifs against cheap Chinese Tire imports? I mean I am all for innovation, but why would we defend our existing us "cheap tire manufacturers" who outsource the tires overseas anyway. This just hurts the consumer by being Protectionist, which is something the US at the G20 Summit agreed they would not do.

    Obama, you can spend all the money you want on innovation, but you don't want to start a trade war with China. It is not a smart move at all, and it makes look weak against your own parties union interests. This is the worst decision ever, and I really hope that you find a way to fix this. Otherwise, spend all the innovation money you want, we'll just be spinning more into a deficit whirlpool.

    September 21, 2009 12:49 pm at 12:49 pm |
  15. Chris

    People oversimplify the outsourcing of tech work. The market is a global market. Companies that don't outsource at least SOME of their work are left in the dust. The solid work – creating innovation and defining and assuring companies needs – always comes from on-shore.

    Look at it this way, how many american households would be thrilled to pay 5 times as much for the goods they purchase that are made in other countries? The people that create the products and know how to develop them are here but they would have nothing to do if they could only sell the goods made here. Isolationism would break our backs much more quickly than just accepting our place in the global market and finding out what we can bring to the table.

    September 21, 2009 12:49 pm at 12:49 pm |
  16. Randolph Carter, the elitist, narcissistic Obamabot

    "The outsourcing of computer jobs started with the Clinton administration."

    Absolutely true. And he did nothing about it, W. did nothing about it for 8 years, and now, it appears, Obama is doing nothing about it. I told a young friend of mine to get into HVAC. At least you can't outsource that. Have a nice day!

    September 21, 2009 12:50 pm at 12:50 pm |
  17. Cindy PA

    sounds like a $100 million payoff to the teachers unions

    September 21, 2009 12:50 pm at 12:50 pm |
  18. gl, From Pittsburgh

    Knowledge IS POWER THE GOP DON'T WANT THE POOR AND THE MIDDLE CLASS TO HAVE.

    September 21, 2009 12:54 pm at 12:54 pm |
  19. LoLo

    See what I mean from some of these comments. Some of these people do not get it. Most of us are getting older and will be gone from this life or retired, but no one is thinking about that. You need to think about your kids future. If they are not up to par on education America will be a third world country. It is not about you it is the future of the country. I have heard from different commentators this exact comment. They are not ready for change, but they will have to be left behind. We can not possibly think that the same way of surviving is going to work. We need new inventions, ideas. Please people just think. If you don't you will regret it sooner than later.

    September 21, 2009 12:55 pm at 12:55 pm |
  20. A Democrat of 51 years who has finally got smart to their follishness.

    Yes he wants positions for the millions of illegals he plans to give amnesty to once his health bill passes. Giving the illegals then access to health care. WILSON WAS TOTALLY CORRECT AND SHOULD NOT HAVE EVER APOLIGIZED.

    September 21, 2009 01:10 pm at 1:10 pm |
  21. diridi

    Investment in parental involvment is needed not just high tech education...we need to have strong INDUSTRIAL SECTOR to get the jobs back....too many administrative postions is causing America's education sucked up.....just remove them....not enoug teachers...no subs..nothing....they need to provde free lunch to teachers and subs....stop pushing kids too much....they learn...

    September 21, 2009 01:12 pm at 1:12 pm |
  22. makesUwonder

    Great what union will Obama be giving money to next in order to get votes.

    September 21, 2009 01:12 pm at 1:12 pm |
  23. Matthew

    That sounds like another steller idea, lets invest millions of taxpayer money to invent technology to do the same jobs as people so we can fire the people earning a living and replace them with machines that we don't have to pay. That will really get our economy going, by putting more people in the unemployment lines. Why did we vote for a president who has no experience in the workplace, no experience in the military, no experience in foreign relations, no experience in Wall Street, no experience in the health care industry, and no experience in the auto industry? The only experience he has is community organizing through groups like ACORN. Oh america, what have we done?

    September 21, 2009 01:13 pm at 1:13 pm |
  24. Enough

    Yup and we will pay dearly for this, with our nice new cap and tax plan. Everytime this man opens his mouth with all this rhetoric, it costs billions of dollars. And who is going to pay for all this?

    September 21, 2009 01:17 pm at 1:17 pm |
  25. jim

    I have been working, (at least trying to), in IT for the last 13 years, here's my thought based on my experience ...

    What good is it if you go to school for high tech only to have the government allow companies to ship the same jobs overseas? I think we learned this in the 90s/2000s – I know I sure did. They pushed how hot IT was going to be, while at the same time they allowed it to go away.

    If the government is not going to change the way tech jobs go overseas, who in their right mind would want to choose this for a career, or what parent would fork out $10,000 – $20,000 for their kids college when the the real future of these jobs lie in India? - HELLO?!?!!!

    September 21, 2009 01:23 pm at 1:23 pm |
1 2 3