If Barack Obama is reelected, what would it mean for innovation, startups and science in America? His newly proposed budget--as well as past actions--offer clues.
Barack Hussein Obama--POTUS to you and me--is the man in control of what's arguably the world's only current superpower. At 50, he's looking for a second go at the country's top job. In order to get there Obama's relying, in part, on his Net-savvy staffers to whip up a storm of interest on Twitter, Facebook, YouTube, and even Instagram. Obama's campaign proved successful last time around, running on a pro-tech ticket. Let's look at what a second term would mean for innovation--and for us.
Rocket Boosts For Startups
Startups and entrepreneurship really do seem to be close to the President's heart, and Facebook's looming IPO, at $100 billion of value, makes a loud and positive statement for the Silicon Valley system.
Immediately after his State of the Union address, Obama sent out a proposal for the Startup America Legislative Agenda--an outline plan that would fix small business taxes, enable new ways for startups to seek funding, and attempt to tackle the issues of science and tech immigration that the H1-B visa arguments are all snarled up in. It's safe to say Obama is going to keep pushing for startups--although he'll have to push tricky tax rulings and visa proposals through Congress to do so, and that's not exactly a frictionless process.
Shooting For Something Other Than The Moon
Bipartisanship may not be very popular in Congress these days--but it is here! We've previously looked at what the administrations of Mitt Romney and Newt Gingrich would mean for innovation in America.»Would President Romney Be Good For Tech, Science, And Space Innovation In The U.S.?»Gravitational Pol: What President Gingrich And His Moon Base Would Mean For U.S. Innovation
Obama's future as President is intimately tied up with the budget his administration proposes, as its outcomes will be played out over...
[Source: Fast Company]
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