Currently Washington is focused on the fiscal cliff, the most present danger to our economy. As members and committee chairmen prepare for the 113th Congress, however, they will need to take on pressing issues for the tech industry with broad economic consequences.
In just a few years, a massive economic ecosystem has emerged around mobile computing. Smartphones and tablets went from niche products to indispensable consumer tools with adoption rates faster than those for the car, microwave, electricity or even the personal computer.
The rise of smartphones, tablets and apps not only is changing the way we communicate and access information but has become a powerful engine for economic growth. The mobile software marketplace has created half a million high-paying jobs already. American innovation is again leading the way to economic recovery, but that recovery is in jeopardy unless Congress deals with issues including science, technology, engineering and mathematics education and spectrum allocation.
STEM Education Critical for Growth
The mobile economy is growing so rapidly that companies are struggling to hire the developers and engineers they need. Tens of thousands of positions remain unfilled every month, and the growth of U.S. companies is constrained by an inability to attract highly skilled workers. The unfortunate reality is that our education system is not producing enough graduates with the skills that technology companies need.
While large technology firms often lead this debate, the problem is acute for startups and smaller software companies. The decentralized nature of the mobile software industry means that this is a problem affecting every congressional district across the country.
The current staffing shortage highlights the consequences of failure to invest in STEM education as our students’ math and science scores lag behind the rest of the world. The tech industry urgently needs Washington to reach agreement on this issue. STEM education is not a gamble. The rewards are right in front of us. High-paying jobs are there for the taking and safe investment in our children’s future is an easy decision.
While STEM education is a long-term plan to create the future workforce American technology companies need, we are faced with immediate staffing needs that must be met. A solution that tackles both these problems is the National Talent Strategy, which suggests raising $5 billion for STEM education through increased skilled-worker visas and green cards at higher fees for the tech industry.
Whatever path is chosen, the technology industry urgently needs congressional leadership to find a solution. Failing to meet our STEM education needs will ensure that the mobile economy created by U.S. innovation will become another country’s success story.
Spectrum Fuels Innovation
Wireless spectrum is another critical area that requires immediate, responsible government action. Misallocated and underutilized spectrum resources are impairing the ability of mobile carriers to meet consumer and business demand. With the explosion of mobile data traffic, our wireless infrastructure is nearing saturation.
Leaders from military and veterans service organizations joined Sens. Roger Wicker, R-Miss., Kelly Ayotte , R-N.H., and Lindsey Graham, R-S.C., at a press conference to urge the Senate to replace a provision in the budget proposal that cuts retirement benefits for veterans. Wicker, Ayotee, and Graham earlier called for a bipartisan solution to replace the $6.3 billion in cuts to military retiree benefits.
Each year since 1990, CQ Roll Call has reviewed the financial disclosures of all 541 senators, representatives and delegates to determine the 50 richest members of Congress. This year's report, derived from forms covering the calendar year 2012, shows it took a net worth of $6.67 million to crack the exclusive club.