On the recordJanuary 24, 2011
For me, my work on this actually began in the mid- 1980s, in California, where we developed a strategy of how to keep California competitive in this century. Well, this century is now here. We are 10-plus years into this century, and we have a big task. We said back then in the work that we did that we needed to do six things: You have to have the best education. That's a public investment that pays off over and over and over again. Then you have to have the best research and development. That's the innovation economy that our President is talking about. So the research and the innovation go together. From that, you create the opportunity to make the new things--to manufacture the new electric cars. General Motors was flat on its back, about to disappear, when the Obama administration and Congress stepped forward and brought General Motors back. Now the innovation of an electric car--the Volt--is in place. It's going to happen, and we're going to capture the next round of automobile manufacturing. Infrastructure is another great and absolutely necessary investment. If you take that infrastructure and if you apply the Make It In America theme--the steel, the trains, the buses, the bridges--American made for America's future, it's possible. You also have to change. You can't do what you did yesterday. Those are the strategies that pay off. We need to add to that an energy strategy that frees America from the grips of the petrol dictators. This is all of our future.…
Source
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