Obama’s administration and U.S ambition: New jobs at Silicon Valley

U.S. president, Barack Obama proposed on the U.S. high-tech industry feasible ideas to generate more jobs in the so-called Silicon Valley.

The U.S. interest in the behavior of the variety of international markets (in terms of marketing and job creation) has been an issue not only highlighted by the Obama administration, but for the development of the electronics industry in California; an industry that a few decades ago, with the advent of Internet technology is now consolidated at Silicon Valley. The analysis and study of this field is a must in the Obama’s presidential cabinet. The U.S. government was in a preventive focus to an escalation of U.S. migrants and technology-based companies to countries like India, where, for example, labor is expanding quickly. The tasks or services to other countries is the concern of a region that strives to keep its place at the higher level from which they led the "boom" of the internet at the end of last century.

It is remarkable to mention the stability of the high tech industry in the U.S., primarily in California; however, the president Barack Obama has ordered the creation of larger strategies to extend that stability and finally to attract more capital through human resources to contribute in local industry.

I would like to end it up with this quote of Obama during his lecture at LinkedIn in Silicon Valley: We’re talking about going back to the rates of the ‘90s when, as I recall, Silicon Valley was doing pretty good. During that period, the rich got richer. The middle class expanded. Everybody was doing well. We’re not punishing those doing well. That’s the last thing I want to do. The question is how can we afford to continue making the investments that can propel America forward? That quote makes us wondering, if even today, with all the background and current situation of other economic emerging powers… how could they do it?

http://www.washingtonpost.com/wp-dyn/content/article/2011/02/17/AR2011021702500.html