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05.09
Rebuilding
the Economy through Science, Engineering and
Innovation
By Senator
Ted Kaufman (D-Del.)
America’s economy is in crisis.
But the financial crisis might prove to be an
opportunity for America — if we respond by
taking steps to once again lead the world by
creating new, innovative industries, businesses
and products. To do that, we must put science,
engineering and innovation back in their
rightful place in our economy.
As the only Senator holding an
engineering degree, I remember when engineering
ranked far ahead of business administration as
the premier college degree. After the Soviet
Union’s 1957 surprise launch of Sputnik 1,
American leaders spurred the nation to catch up
and improve our commitment to science. The
Sputnik crisis led to the creation of NASA and
an increase in U.S. government spending on
scientific research and higher education. I was
one of the young students who were drawn by
“Sputnik” and our leaders’ call to pursue an
engineering education and career.
More recently, an inordinately
large percentage of America’s best and brightest
college students opted instead to take their
“quant” skills in math and analysis to Wall
Street. And it wasn’t just that engineers were
choosing finance over traditional engineering
careers; fewer students were choosing to study
engineering, period.
Back in 1986, engineering and
engineering technology students earned close to
10 percent of U.S. bachelor’s degrees. Despite
attractive starting salaries, often above
$50,000 a year, the percentage today is only
about 5 percent. Only about 121,000 people
earned degrees in engineering in 2007 — and that
includes bachelors, masters, and doctoral
degrees.
Today’s financial crisis gives
our young people a new opportunity to look at
how they want to spend their lives. And it gives
America’s political and education leaders the
opportunity to ensure that our educational
pipeline is producing students skilled in
science, technology, engineering and
mathematics. While America must remain a leader
in finance, it’s clear we need a renewed
dedication to leadership in engineering.
Here is what we should do right
away:
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Before graduating,
engineering students typically must write a
final paper addressing a problem to solve.
Let’s publish those papers and make them
available to government and to the business
community, with authors’ rights kept secure.
Fifty-two years ago Sputnik
shocked the United States into supporting
science and engineering on an unprecedented
level. America’s competitive spirit helped us
meet the challenges of those times.
We can do this again. The
financial crisis should cause us to focus on the
innovation and know-how that have always been
the American way. The federal government should
again invest strongly in supporting the basic
scientific, medical and engineering research
that will spur new innovations. I would like to
ask engineers, scientists and researchers to
join me in this effort. Join my email dialogue
at
science@kaufman.senate.gov

This article
has been reprinted with permission from the 12
March 2009 issue of the
Science Coalition Newsline.
Ted Kaufman (D-Del.)
is the only U.S. Senator
with an engineering degree. Comments on this article may
be submitted to todaysengineer@ieee.org.
Opinions expressed are the
author's.
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