remarks of the president and vice president to silicon valley.txt

黑客培训教程

some of the things you've seen here to get the bigger picture and also
communicate that to us.  (Laughter.)

^L
        THE PRESIDENT:  Thank you.  There are two things I'd like to
respond to on that and I'd like to invite you to help.  I'd like to
invite you to help and I'd like to invite you to help on two grounds:
One is the simple ground of helping to decide which visual images best
capture the reality of where we are and where we're going.

        Senator Moynihan and I went to Franklin Roosevelt's home in Hyde
Park, New York, just a couple of days ago.  You may have seen the press
on it.  And on the way back he said to me that the challenges that we
face are different from those that Roosevelt faced, but just as profound.
Unemployment was higher and America was more devastated when he took
office, he said, but everybody knew what the problem was.  Therefore, he
had a lot of leeway working with the Congress in the beginning to work
toward a solution.  Now, he said, we are facing severe challenges to a
century of economic leadership and it's not clear to every American
exactly what the dimensions of the problem are.

        The capacity you have to help me help the American people
conceptualize this is quite significant:  showing the trends in the
deficit, showing the trends in the investment, showing how the money is
spent now and how we propose to spend it.

        The second big problem we have you can see if you look at the
front page of USA Today today, which shows a traditional analysis,
yesterday's analysis -- of the business section -- of the economic
program.  It basically says, oh, it will bring unemployment a little and
it will increase economic growth a little if we do this, but not all that
much.  Now, why is that?  That's because traditional economic analysis
says that the only way the government can ever help the economy grow is
by spending more money and taxing less.  In other words, traditional
changing economics will run a bigger deficit.

        But we can't do that.  The deficit is already so big, I can't run
the risk to the long-term stability of this country by going in and doing
that.

        This analysis doesn't really make a distinction between
investment and consumption; doesn't take any account of what we might to
with the technology policy or a trade policy to make the economy grow
faster; has no way of factoring in what other good things could happen in
the private market if you brought long term interests rates down through
the deficit.

        So you could also help us to reconceptualize this.  A lot of the
models that dominate policymaking are yesterday's models, too.  I'll give
you just one example.  The Japanese had a deficit about as big as ours
and they were increasing spending at 19 percent a year --government
spending -- back in the early '70s when the oil prices went way up and
they were more energy-dependant than we were on foreign oil.  And they
just decided they had change it, but they couldn't stop investing.

        So they had a budget which drew a big distinction -- a literal
distinction -- legal distinction between investment and consumption and
they embarked on a 10 or 11-year effort to bring the budget into balance.
And during that time they increased investment and lowered unemployment
and increased growth through the right kind of spending and investment.

        And I want to lead in, if I might, and ask the Vice President
before we go to give you some of the specifics of this technology policy
by making one more pitch to you about this whole economic plan.  This
plan has 150 specific budget cuts.  And I will be welcome -- I'm welcome
to more.  I told the Republican leadership if they had more budget cuts
that didn't compromise our economy, if they helped us, I would be glad to
embrace them.  I'm not hung up about that, but I did pretty good in four
weeks to find 150.  And I'll try to find some more on my own.
^L

        It also has the revenue increases that you know about.  It also
has some spending increases and there will be debate about that.  There
will be people who say, well, just don't spend this new money, don't
immunize all the kids, don't fully fund Head Start, don't pay for this
technology policy, don't invest in all these environmental cleanup
things, and that way you won't have to raise taxes so much.

        The problem is, if you look at the historic spending trends, we
are too low on investment and too high on the deficit -- and both are
problems.  And secondly, we've got to have some of these economic
cooperations in order to move the economy forward.

        So I want you to listen to what the Vice President says in that
context.  Because what you will hear is, we don't need to do what we
think we should do in this area.  If we don't, I think we'll be out of
competition.  People like you will do fine because you've got a good
company here, but the country as a whole will fall behind.  And you can
help on both those points.

        So would you proceed?

        THE VICE PRESIDENT:  I want to give you just a few of the details
of this technology policy.  There will be a printed copy available and
you will be able to see for yourself all of the goals and all of the
elements of it.

        But I want to start by describing how it fits into the
President's economic plan.  You know, some of the special interests who
oppose the President's plan are saying to the American people, don't pass
this plan because everything is fine just the way it is.  Well, anybody
who says everything is fine with our economy hasn't been to California
lately.  We need some change.  We can't stand the status quo.
(Applause.)

        California has to participate in the recovery in order for
America to have a recovery that is worth the name recovery.  So that we
 can start creating new jobs.  And many of the high-skill, high-wage jobs
of the future are in technology areas.  And that's why a key component of
the President's economic plan is the technology policy that we're
announcing here today.

        It starts with an appreciation of the importance of continuing
basic R&D, because that's the foundation for all of the exciting products
that this company and others like this company come up with.  It
continues with an emphasis on improving education, because in order for
companies like this one to survive and prosper in the world economy, we
as a nation have to have highly educated, well-trained young men and
women coming out of colleges on to campuses like this -- it's not called
-- you call it a campus, right?  That's the term that's very common now.

        We also have to pay attention to the financial environment in
which companies like this have to exist.  In order for this company to
attract investors for the kind of products that you are building here,
you have got to be able to tell them that the interest rates are not
going to be too high if they're borrowing money to invest; you've got to
be able to tell them, look, President Clinton is making permanent the R&D
tax credit, for example, and there are going to be specific new
provisions in the law to  encourage investment in high-risk ventures that
are very common in the high-technology area.

        And then this plan makes specific investments in something called
the national information infrastructure.  Now, infrastructure is a five-
dollar word that used to describe roads, bridges, water lines, and sewer
lines.  But if we're going to compete in the 21st century, we have to
invest in a new kind of infrastructure.

^L
        During the Industrial Revolution, the nations that competed most
successfully were often ones that did the best job of building deep-water
ports; those that did the best job of putting in good railway systems to
carry the coal and the products to the major centers where they were
going to be sold and consumed.  But now we are seeing a change in the
definition of commerce.  Technology plays a much more important role.
Information plays a much more important role.

        And one of the things that this plan calls for is the rapid
completion of a nationwide network of information super highways.
(Applause.)  So that the kind of demonstrations that we saw upstairs will
be accessible in everybody's home.  We want to make it possible for a
school child to come home after class and, instead of just playing
Nintendo, to plug into a digital library that has color-moving graphics
that respond interactively to that child's curiosity.

        Now, that's not the only reason to have such a network or a
national information infrastructure.  Think about the importance of
software.  If we could make it possible for talented   young software
writers here in Silicon Valley and elsewhere in the United States to sell
their latest product by downloading it from their desk into a nationwide
network that represented a marketplace with an outlet right there in that
person's home or business, we would make it possible for the men and
women who are interested in technology jobs here in the United States to
really thrive and prosper.

        And in keeping with one of the questions that was asked earlier
about how we can export more into the world marketplace and how we can be
more successful in world competition, one way is by making our own
domestic market the most challenging, most exciting, with the most
exacting standards and levels of quality of any nation in the world.  And
then we will naturally roll out of our domestic marketplace into the
world marketplace and compete successfully with our counterparts
everywhere in the world.

        Now, there are some other specific elements of this package which
you can read for yourself when you see the formal package.  Let me just
list them very briefly:  A permanent extension of the research and
experimentation tax credit; completion of the national information
infrastructure; specific investments in advanced manufacturing technology
with measures such as -- (applause.)  And in response to one of the
questions that was asked over here, there is a specific program on high-
speed rail to do the work necessary, to lay the foundation for a
nationwide network of high-speed rail transportation, and a specific
project to work cooperatively with the automobile companies in the United
States of America to facilitate the more rapid development of a new
generation of automobiles that will beat all the world standards and
position our automobile industry to dominate the automobile industry of
the future in the world.  (Applause.)

        We also have a specific goal to apply technology to education and
training.  Dr. Gibbon* and others have given a tremendous amount of
thought to this because, after all of the dashed hopes and false
expectations for computers in schools, ironically, we now have a new
generation of educational hardware and software that really can make a
revolutionary difference in the classroom, and it's time to use it.
(Applause.)

        And we are going to save billions of dollars each year part way
through this decade with the full implementation of environmental
technologies and energy efficiency technologies, starting with federal
buildings.  We're going to save a billion dollars a year in 1997 just in
the energy costs of federal buildings around the United States by using
off-the-shelf technology that has a four-year payback on the investment.
And then we're going to encourage the use of those technologies around
the country, and we're going to invest in the more rapid creation of new
generations of that technology.
^L

        Now, the other details of this technology program will be
available in the handout that's going to be passed out here.  And any of
you who have ideas on how we can improve it and make better use of
technology, we invite you to contact us and let us know how we can
improve this program as we go along.

        But one final word.  The President's economic program is based,
as he said, on cutting spending; reducing the deficit over time,
including with some revenue increases that are progressive and fair; and
also investing in those things which we know will create good, high-wage,
high-skilled jobs here in the United States.  You all are pioneers in a
sense, showing how that can be accomplished.  We want to make it easier
for working men and women throughout this company and other companies to
follow your example and to create more jobs in high technology.

        And that is the focus of this economic -- of this technology
policy, which is part of the overall plan to create more jobs for the
American people and get our economy moving again.  (Applause.)

        THE PRESIDENT:  Thank you very much.  (Applause.)

                            END10:41 A.M. PST


--
Mark Boolootian         [e-mail]         [phone]
Disclaimer:  booloo speaks for booloo and no other.