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News Energizing and Employing America for a Brighter Economic

  1. Nov 25, 2005 #1


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    Staff: Mentor

    Norman R. Augustine, Retired Chairman and Chief Executive Officer, Lockheed Martin Corporation

    Chair, Committee on Prospering in the Global Economy of the 21st Century
    Committee on Science, Engineering, and Public Policy
    Division on Policy and Global Affairs
    The National Academies

    before the Committee on Science, U.S. House of Representatives

    October 20, 2005


    What does the US need to do to be competitive and prosperous?

    Do you agree or disagree with the testimony?
  2. jcsd
  3. Nov 25, 2005 #2
    I have not read the whole transcript yet. I agree with their definition of the problems.

    Propping up failing corportions with tax dollars is not the way to go however. We need education and R&D. I would rather see the billions given to the oil companies go to universities and alternate energy start ups.

    I will ask again.

    What would happen to the solar PV industry if we invested $200 billion in just subsidies to make home PV competitive with other sources of energy?

    I will finish the transcript now and comment again.
  4. Nov 25, 2005 #3
    This is an excellent suggestion.
    This makes a lot of sense as well. Use the best research model available and apply it to the energy problem.
    I agree with most of it. Still reading. :smile:
  5. Nov 25, 2005 #4


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    Staff: Mentor

    Speaking of Solar -

    These folks are seriously busy with solar - http://www.solarcraft.com/

    And -


    Those crazy Californians! :biggrin:
  6. Nov 25, 2005 #5


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    Gold Member

    Great post, and likewise I'll need to take time to read in entirety...
  7. Nov 25, 2005 #6
    I agree with most of their assessments and recommendations.
    It will be interesting to see if Congress and the Administration act on these recommendations. Since there was emphasis placed on Texas models, and Bush is so easily manipulated, I have high hopes.
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