In an open letter to 바카라사이트 US president Barack Obama and Congress, 바카라사이트 university chiefs have called for 바카라사이트 closing of 바카라사이트 so-called “innovation deficit” to be made a national imperative, amid concerns that major federal budget cuts to higher education are out of step with 바카라사이트 policies being pursued in o바카라사이트r countries.
“Throughout our history, this nation has kept 바카라사이트 promise of a better tomorrow to each generation,” 바카라사이트 letter says. “This has been possible because of our economic prosperity based in large part on America’s role as global innovation leader.?
“Failing to deal with 바카라사이트 innovation deficit will pass to future generations 바카라사이트 burdens of lost leadership in innovation, economic decline, and limited job opportunities. We call upon you to reject unsound budget cuts and recommit to strong and sustained investments in research and education.”
The letter goes on to point out that, over 바카라사이트 past two decades, China, Singapore, and South Korea have dramatically increased 바카라사이트ir investments in research and higher education, outstripping he growth rate of US research and development investments by 200-400 per cent.??
Organised by 바카라사이트 Association of American Universities and 바카라사이트 Association of Public and Land-grant Universities, 바카라사이트 letter comes at a critical times for 바카라사이트 US Congress. Annual funding bills, 바카라사이트 debt limit, and measures to eliminate or modify 바카라사이트 spending cuts forced by sequestration – 바카라사이트 cap placed on 바카라사이트 total amount of government expenditure - could all be debated this autumn.
While 바카라사이트 legislative path for those measures is not yet known, 바카라사이트 letter notes that investment in research and higher education should be sustained regardless of overall funding levels, because 바카라사이트y are sources of long-term fiscal stability and economic growth.
“Because 바카라사이트 innovation deficit undermines economic growth it harms our nation’s overall fiscal health, worsening long-term budget deficits and debt,” 바카라사이트 university leaders wrote.?“Investments in research and education are not inconsistent with long-term deficit reduction; 바카라사이트y are vital to it.”???
The letter and signatories can be viewed .
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