“Certainly the advent of technology and electronic commerce has had an immense impact on the real estate industry.”
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Leadership in telecommunications is also essential, since we are now in the age of e-commerce.
We must speed up the deployment of broadband in order to bring high-speed data services to homes and businesses. The spread of information technology has contributed to a steady growth in U.S. productivity.
The demographic weight of countries such as China and India exercise a massive pressure on our wages and salaries. They have accomplished massive technological advances and the revolution in information technology has reduced the costs of transport.
We are the number one economy in the world, and we ought to continue to pursue those kinds of policies that ensure that we maintain that position, like innovation and like technology and like education and like just research and development and discovery.