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Science Technology & Innovation Fact Sheet
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Science Technology & Innovation Fact Sheet
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Originally Processed With FOIA(s):
FOIA Number:
2005-0336-F
2005-0336-F
FOIA
MARKER
This is not a textual record. This is used as an
administrative marker by the George Bush Presidential
Library Staff.
Record Group/Collection:
George H.W. Bush Presidential Records
Collection/Office of Origin: Policy Development, White House Office of
Series:
Mead, Emily, Files
Subseries:
OA/ID Number:
23351
Folder ID Number:
23351-055
Folder Title:
Science Technology & Innovation Fact Sheet
Stack:
Row:
Section:
Shelf:
Position:
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18
7
7
1
0+3
Bush
Quayle
* * *
******
10/25/88
SCIENCE, TECHNOLOGY AND INNOVATION
FACT SHEET
Today, America stands as the freest, the fairest, the most
productive nation on the face of the earth. That's how George Bush
wants America to enter the 21st Century -- on the leading edge. To
maintain our technological edge, we must make a national commitment
to the best education and the strongest competitive spirit in the
world. Technology is the key to the future, but people are the key
to technology.
As we move into the 1990s and the 21st century, George Bush
believes that America's economic success and national security
depend to an ever greater extent on our scientific and
technological progress. Technology is America's economic fountain
of youth.
Technology has created productivity growth in both the service
sector and the industrial sector. Flexible manufacturing systems
and numerically controlled machining depend on sophisticated
computer software and skilled people. Never before has such a
symbiotic relationship existed between the service sector and the
manufacturing. industrial sector to produce technological breakthroughs in
Scientific and technological adyancement has always been at the
very heart of our nation's pioneer spirit, pushing the boundaries
of our knowledge, creating economic opportunity and increasing our
standard of living. It is the spirit that drove Henry Ford, that
soared with the Wright brothers, and it is the spirit that enabled
Americans to walk on the moon.
A hero of the 19th century, Thomas Edison, inventor, technician
and entreprenuer, embodied the pioneer spirit. The pioneer spirit
pushed George Washington Carver, scientist and educator, to make
advances of world renown in agricultural research. The pioneer
spirit carried Sally Ride, physicist, astronaut and explorer, into
space in the 20th century. The 21st century will demand even more
challènge. of America's pioneer spirit. We must be prepared to step up to the
THE REAGAN-BUSH RECORD
Growth in research and development. The percentage of our
gross national product dedicated to research and development is now
at its highest level since the late 1960s. Since 1981, the
Reagan-Bush Administration has increased funding for basic research
- 1 -
733 15th Street, N.W. Suite 800 Washington DC 20005 202/842-1988
by over 50 percent, after adjusting for inflation. Industry and
government will spend $132 billion on research and development
(R&D) in 1988, an increase of 131 percent since 1980.
Establishment of new research centers. The Reagan-Bush
Administration has started creating university-based,
interdisciplinary research centers in engineering, science, and
technology. These centers bring the federal government, industry
and university labs together to promote the long-term
competitiveness of the American economy. Advances have been made in
manufacturing and biotechnology; others will follow.
THE BUSH PHILOSOPHY
policy in a Bush Administration:
The following principles would guide science and technology
O
Federal government investment in R&D should focus on basic
research. The private sector has the best incentives for
marketplace. deciding which technologies will have the most potential in the
O
The federal government should ensure that the rules of the game
are fair in the global market. It is up to the federal
government to ensure that American intellectual property is
protected in world markets and that American companies have as
much access to foreign research projects as foreign companies
have to American research projects.
O
There are many active players in R&D in the United States --
federal government, state governments, national laboratories,
university laboratories, and business. The federal government
should not attempt any kind of central planning of American
research activity. However, the federal government should
promote greater cooperation among these different groups.
CHALLENGES OF THE FUTURE
George Bush believes science and technology forms the
foundation of economic power -- the power to create value.
George Bush believes that the combination of dedicated, skilled
people and technological advancement can improve our standard of
living and our competitive position in the global marketplace.
- 2 -
George Bush will focus on four priorities critical to America's
technological advancement and economic growth:
Strengthening Federal Science and Technology Policy
Improving Math and Science Education
Encouraging Private Sector Investment
Promoting Commercialization of Technological Breakthroughs
THE BUSH PLAN THE ROAD TO INNOVATION AND WORLD LEADERSHIP
Strengthening Federal Science and Technology Policy
o
George Bush will upgrade the President's Science Advisor to
Assistant to the President for Science and Technology and
reinvigorate the Office of Science and Technology Policy (OSTP).
George Bush will also seek advice on science and technological
matters from the private sector. George Bush will create a
President's Council of Science and Technology Advisors, composed of
leading scientists, engineers and distinguished executives from the
private sector.
The Assistant to the President for Science and Technology will
report directly to the President and be an active member of
interagency policy groups such as the Economic Policy Council and
will also be involved with the national security planning process.
The Assistant to the President for Science and Technology will head
the Office of Science and Technology Policy and be responsible for
developing, and coordinating a federal science and technology
strategy. George Bush believes an integrated approach is needed to
better manage the federal science and technology process. George
Bush will seek the active involvement of a diverse group of
American scientists and engineers in this process.
George Bush believes we need an overview of the entire federal
R&D picture. He also believes a stronger OSTP is needed, one that
can coordinate the President's federal science and technology
policy among agencies. OSTP should be able to perform analyses and
help prepare budgets on an across-the-board basis.
O
George Bush proposes to double the National Science
Foundation's budget over the next five years. George Bush
supports both large and small science projects. He will consider
a key priority of the National Science Foundation's increased
funding the retooling of science and engineering labs at colleges
and universities.
- 3 -
O
George Bush supports making all federal R&D authorizations for
5 years and all federal R&D appropriations for 2 years to provide
greater certainty to laboratories. Currently, the federal
government typically provides R&D authorizations for only 1-3 years
and appropriates funds for only 1 year. However, R&D projects have
long time horizons -- 5, 10, or even 15 years long. Universities,
businesses, and government labs need more assurance of federal R&D
funding in future years to plan projects better.
Improving Math and Science Education
We must redouble our efforts in science and technology by
focusing on developing the core of people needed to continue
pushing the nation forward.
Too many elementary schools graduate children who have not
learned basic skills, especially in math and science. Today's and
tomorrow's production workers need the right mathematics and
science background to operate computers and sophisticated
machinery. By 1995 the United States will need an estimated
300,000 additional secondary-school math and science teachers.
Fifty years ago a production worker could get by having only
arithmetic. But the operator of a sophisticated robot needs to
know algebra and basic physics.
In our colleges and universities we need improvement and
expansion in science and engineering. We need better trained
college graduates to satisfy our economy's expanding needs for
engineers, physicists, chemists, and computer professionals.
Foreign students represent about 40 percent of enrollments in U.S.
graduate schools of engineering.
George Bush knows that better science education is needed for
our young people in order to prepare them for jobs which are
increasingly technical. Science education is an integral part of
George Bush's education policy:
o
George Bush believes study of the sciences should be part of
every child's basic education; he believes all students -- whether
in academic or vocational-technical programs -- should graduate
with an understanding of scientific principles and their
application.
O
George Bush supports increased funding for magnet schools,
recognizing that many of them emphasize science education.
o
George Bush believes that support for science education must
continue to be a key priority for the National Science Foundation.
O
George Bush knows that in many states, teachers who are trained
in the sciences and in mathematics are hard to find. He supports
efforts of states to enhance math and science education by
developing alternative certification programs which can bring
distinguished professionals with strong backgrounds in the sciences
to the classroom.
- 4 -
o
George Bush will convene a White House Conference on Education
placing special emphasis on math and science education. George
Bush and the governors from the 50 states will discuss and define
the goals of our Math and Science curricula.
Encouraging Private Sector Investment
We must ensure the economy provides a climate which encourages
businesses to take economic risks and invest in new, bold
technologies. George Bush understands how important a strong
economy is to technological advancement. During the late 1970's,
industry did not find it profitable to invest in new technology.
High interest rates and high inflation squelched investment and
modernization. The Reagan-Bush Administration cut interest rates
in half and slashed inflation by two-thirds. George Bush will work
hard to keep interest rates low and to ensure incentives are in
place for the private sector to fund a high level of advanced
research.
O George Bush will make the R&D tax credit permanent. Instead of
just extending the 20 percent R&D tax credit for short periods of
time as Congress has done over the past several years, George Bush
supports making the tax credit permanent to provide a stable
economic environment for American business.
O
George Bush supports cutting the capital gains tax rate from 28
percent to 15 percent on all assets held more than one year. We
have seen countless examples like Silicon Valley in California and
Route 128 around Boston of what cutting the capital gains tax rate
can do to stimulate entrepreneurship. Many of our most important
technological developments have taken place in small, start-up
firms. There is no more powerful incentive for individuals to
start up a business than a low capital gains tax rate.
Promoting Commercialization of Technological Breakthroughs
George Bush will enhance the ability of American business to
commercialize new ideas and new technologies. The
commercialization of technology requires consistent economic
incentives, regulatory reform and a coordinated approach to federal
science and technology policy making.
O
George Bush supports and encourages Partnerships for Progress
-- partnerships between business, universities, and government to
advance base-building technologies and the rapid transfer of new
knowledge from laboratory to marketplace.
o
George Bush is committed to working vigorously in international
negotiations, especially the new round of multilateral trade
negotiations, to ensure that American intellectual property rights
are protected.
- 5 -
Bush
Quayle
*****
******
10/25/88
SCIENCE, TECHNOLOGY AND INNOVATION
FACT SHEET
Today, America stands as the freest, the fairest, the most
productive nation on the face of the earth. That's how George Bush
wants America to enter the 21st Century -- on the leading edge. To
maintain our technological edge, we must make a national commitment
to the best education and the strongest competitive spirit in the
world. Technology is the key to the future, but people are the key
to technology.
As we move into the 1990s and the 21st century, George Bush
believes that America's economic success and national security
depend to an ever greater extent on our scientific and
technological progress. Technology is America's economic fountain
of youth.
Technology has created productivity growth in both the service
sector and the industrial sector. Flexible manufacturing systems
and numerically controlled machining depend on sophisticated
computer software and skilled people. Never before has such a
symbiotic relationship existed between the service sector and the
industrial sector to produce technological breakthroughs in
manufacturing.
Scientific and technological adyancement has always been at the
very heart of our nation's pioneer spirit, pushing the boundaries
of our knowledge, creating economic opportunity and increasing our
standard of living. It is the spirit that drove Henry Ford, that
soared with the Wright brothers, and it is the spirit that enabled
Americans to walk on the moon.
A hero of the 19th century, Thomas Edison, inventor, technician
and entreprenuer, embodied the pioneer spirit. The pioneer spirit
pushed George Washington Carver, scientist and educator, to make
advances of world renown in agricultural research. The pioneer
spirit carried Sally Ride, physicist, astronaut and explorer, into
space in the 20th century. The 21st century will demand even more
of America's pioneer spirit. We must be prepared to step up to the
challenge.
THE REAGAN-BUSH RECORD
Growth in research and development. The percentage of our
gross national product dedicated to research and development is now
at its highest level since the late 1960s. Since 1981, the
Reagan-Bush Administration has increased funding for basic research
- 1 -
733 15th Street, N.W. Suite 800 Washington. D.C. 20005 202/842-1988
by over 50 percent, after adjusting for inflation. Industry and
government will spend $132 billion on research and development
(R&D) in 1988, an increase of 131 percent since 1980.
Establishment of new research centers. The Reagan-Bush
Administration has started creating university-based,
interdisciplinary research centers in engineering, science, and
technology. These centers bring the federal government, industry
and university labs together to promote the long-term
competitiveness of the American economy. Advances have been made in
manufacturing and biotechnology; others will follow.
THE BUSH PHILOSOPHY
The following principles would guide science and technology
policy in a Bush Administration:
O
Federal government investment in R&D should focus on basic
research. The private sector has the best incentives for
deciding which technologies will have the most potential in the
marketplace.
The federal government should ensure that the rules of the game
are fair in the global market. It is up to the federal
government to ensure that American intellectual property is
protected in world markets and that American companies have as
much access to foreign research projects as foreign companies
have to American research projects.
There are many active players in R&D in the United States --
federal government, state governments, national laboratories,
university laboratories, and business. The federal government
should not attempt any kind of central planning of American
research activity. However, the federal government should
promote greater cooperation among these different groups.
CHALLENGES OF THE FUTURE
George Bush believes science and technology forms the
foundation of economic power -- the power to create value.
George Bush believes that the combination of dedicated, skilled
people and technological advancement can improve our standard of
living and our competitive position in the global marketplace.
- 2 -
George Bush will focus on four priorities critical to America's
technological advancement and economic growth:
Strengthening Federal Science and Technology Policy
Improving Math and Science Education
Encouraging Private Sector Investment
Promoting Commercialization of Technological Breakthroughs
THE BUSH PLAN THE ROAD TO INNOVATION AND WORLD LEADERSHIP
Strengthening Federal Science and Technology Policy
O George Bush will upgrade the President's Science Advisor to
Assistant to the President for Science and Technology and
reinvigorate the Office of Science and Technology Policy (OSTP).
George Bush will also seek advice on science and technological
matters from the private sector. George Bush will create a
President's Council of Science and Technology Advisors, composed of
leading scientists, engineers and distinguished executives from the
private sector.
The Assistant to the President for Science and Technology will
report directly to the President and be an active member of
interagency policy groups such as the Economic Policy Council and
will also be involved with the national security planning process.
The Assistant to the President for Science and Technology will head
the Office of Science and Technology Policy and be responsible for
developing, and coordinating a federal science and technology
strategy. George Bush believes an integrated approach is needed to
better manage the federal science and technology process. George
Bush will seek the active involvement of a diverse group of
American scientists and engineers in this process.
George Bush believes we need an overview of the entire federal
R&D picture. He also believes a stronger OSTP is needed, one that
can coordinate the President's federal science and technology
policy among agencies. OSTP should be able to perform analyses and
help prepare budgets on an across-the-board basis.
O George Bush proposes to double the National Science
Foundation's budget over the next five years. George Bush
supports both large and small science projects. He will consider
a key priority of the National Science Foundation's increased
funding the retooling of science and engineering labs at colleges
and universities.
- 3 -
O
George Bush supports making all federal R&D authorizations for
5 years and all federal R&D appropriations for 2 years to provide
greater certainty to laboratories. Currently, the federal
government typically provides R&D authorizations for only 1-3 years
and appropriates funds for only 1 year. However, R&D projects have
long time horizons -- 5, 10, or even 15 years long. Universities,
businesses, and government labs need more assurance of federal R&D
funding in future years to plan projects better.
Improving Math and Science Education
We must redouble our efforts in science and technology by
focusing on developing the core of people needed to continue
pushing the nation forward.
Too many elementary schools graduate children who have not
learned basic skills, especially in math and science. Today's and
tomorrow's production workers need the right mathematics and
science background to operate computers and sophisticated
machinery. By 1995 the United States will need an estimated
300,000 additional secondary-school math and science teachers.
Fifty years ago a production worker could get by having only
arithmetic. But the operator of a sophisticated robot needs to
know algebra and basic physics.
In our colleges and universities we need improvement and
expansion in science and engineering. We need better trained
college graduates to satisfy our economy's expanding needs for
engineers, physicists, chemists, and computer professionals.
Foreign students represent about 40 percent of enrollments in U.S.
graduate schools of engineering.
George Bush knows that better science education is needed for
our young people in order to prepare them for jobs which are
increasingly technical. Science education is an integral part of
George Bush's education policy:
O George Bush believes study of the sciences should be part of
every child's basic education; he believes all students -- whether
in academic or vocational-technical programs -- should graduate
with an understanding of scientific principles and their
application.
O
George Bush supports increased funding for magnet schools,
recognizing that many of them emphasize science education.
O George Bush believes that support for science education must
continue to be a key priority for the National Science Foundation.
O George Bush knows that in many states, teachers who are trained
in the sciences and in mathematics are hard to find. He supports
efforts of states to enhance math and science education by
developing alternative certification programs which can bring
distinguished professionals with strong backgrounds in the sciences
to the classroom.
- 4 -
O
George Bush will convene a White House Conference on Education
placing special emphasis on math and science education. George
Bush and the governors from the 50 states will discuss and define
the goals of our Math and Science curricula.
Encouraging Private Sector Investment
We must ensure the economy provides a climate which encourages
businesses to take economic risks and invest in new, bold
technologies. George Bush understands how important a strong
economy is to technological advancement. During the late 1970's,
industry did not find it profitable to invest in new technology.
High interest rates and high inflation squelched investment and
modernization. The Reagan-Bush Administration cut interest rates
in half and slashed inflation by two-thirds. George Bush will work
hard to keep interest rates low and to ensure incentives are in
place for the private sector to fund a high level of advanced
research.
O George Bush will make the R&D tax credit permanent. Instead of
just extending the 20 percent R&D tax credit for short periods of
time as Congress has done over the past several years, George Bush
supports making the tax credit permanent to provide a stable
economic environment for American business.
O George Bush supports cutting the capital gains tax rate from 28
percent to 15 percent on all assets held more than one year. We
have seen countless examples like Silicon Valley in California and
Route 128 around Boston of what cutting the capital gains tax rate
can do to stimulate entrepreneurship. Many of our most important
technological developments have taken place in small, start-up
firms. There is no more powerful incentive for individuals to
start up a business than a low capital gains tax rate.
Promoting Commercialization of Technological Breakthroughs
George Bush will enhance the ability of American business to
commercialize new ideas and new technologies. The
commercialization of technology requires consistent economic
incentives, regulatory reform and a coordinated approach to federal
science and technology policy making.
O George Bush supports and encourages Partnerships for Progress
-- partnerships between business, universities, and government to
advance base-building technologies and the rapid transfer of new
knowledge from laboratory to marketplace.
O George Bush is committed to working vigorously in international
negotiations, especially the new round of multilateral trade
negotiations, to ensure that American intellectual property rights
are protected.
- 5 -