Kansas City

Dear Research Advocate: The Commerce Department'€™s report of the U.S. trade deficit narrowing to its lowest level since October 2009 is welcome news, but the devil is in the details. Despite the economic progress, our trade deficit with China is nearly as large as our overall trade deficit. Put that together with the fact that China is rigorously investing in R&D while our nation stifles it, and you can see the handwriting on the wall. U.S. export capabilities will be stymied while China'€™s are bolstered. It'€™s not a recipe for a strong and stable economy going forward. China is not the only nation steadily increasing investment in R&D, taking a page from what used to be the U.S...
Dear Research Advocate: The Commerce Department’€™s report of the U.S. trade deficit narrowing to its lowest level since October 2009 is welcome news, but the devil is in the details. Despite the economic progress, our trade deficit with China is nearly as large as our overall trade deficit. Put that together with the fact that China is rigorously investing in R&D while our nation stifles it, and you can see the handwriting on the wall. U.S. export capabilities will be stymied while China’€™s are bolstered. It’€™s not a recipe for a strong and stable economy going forward. China is not the only nation steadily increasing investment in R&D, taking a page from what used to be the U.S...

Sidebar Quote

If concerted, long-term investments in research are not made, America will lose an entire generation of young scientists.
Brenda Canine, PhD; McLaughlin Research Institute, Montana