As others have noted, the U.S. Commerce Department reported earlier this month that intellectual property supports 40 million U.S. jobs, or 28 percent of our workforce, and contributes over $5 trillion to our GDP.
Quayle highlights the economic importance of intellectual property protections.
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This proposal increases overall spending $200 billion, to a total of $3.8 trillion, nearly a quarter of our gross domestic product.
But one of the things that I'm just worried about is that, as they continue to grow and expand the number of patents that they provide, and there's no reciprocity with the patents that our inventors and our innovators are developing, the…
We have a Presidential election that is going to be occurring real soon. We don't know who is going to be elected and whether they are going to have the same desire to combat the drug cartels in northern Mexico.
I believe it is critical for us to move forward on the full implementation of this platform.
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