Toward a State of Innovation
If there was a central theme to the president’s remarks, it was innovation. He called for more investment in education, research, science and clean energy.
In order to stoke innovation and competition, Obama made several direct proposals and a few veiled ones. The president wants to freeze domestic spending for five years and eliminate earmarks. He wants to make it easier for legal immigrants with research visas to stay in the United States, which would be a boon for tech companies. And he wants to make permanent a tax credit to help college students pay for tuition over four years. Many of the president’s proposals would have a direct affect on certain industries or the broader business community.
