President Continues to Promote Plug-In Hybrids in Latest Speech
So I'm going to work with these two Congressmen to pass what we've called the American Competitive Initiative, which says that we will be the most -- we'll lead the world when it comes to research and development. The federal government should double its commitment to basic research in physical sciences over the next 10 years. People say, why would the federal government be investing? Well, I'll give you why -- the Internet. The Internet came to be because of federal research dollars. iPods -- got one? I got one, you know? (Laughter.) As a result of federal research. It's important for the United States to be the most technologically advanced nation in the world.
And that's why I've called for Congress to make the research and development tax credit a permanent part of our tax code. And that's why I look forward to working with these Congressmen to make sure that our schools are adept at teaching people the skills necessary to fill the jobs of the 21st century, which means strong math and science curriculum. (Applause.)
So today I went out to one of the most advanced nuclear power plants in the world -- at least in our country. And I did so because I wanted to make this point: In order for us to be a competitive nation, in order for us to keep a high standard of living, we have got to get off of our addiction to oil. And I'm looking forward to working with these Congressmen to do that. (Applause.)
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