Commerce Secretary Gary Locke Remarks at Silicon Valley Leadership Group, Santa Clara, California Thank you.
I’m honored to be standing in front of a group of men and women who helped build an economic dynamo envied the world over – a place synonymous with innovation and entrepreneurship and jobs.
When my counterparts around the globe discuss economic strategy and the future of their economies, the vision we all want to implement looks a lot like Silicon Valley.
The problem – as far as this administration is concerned – is that we haven’t done a good enough job of fostering imitators right here in America.
Our country has neglected for too long the fundamentals that made America’s economy great. That’s why we are where we are – just turning the corner from a once-in-a-generation economic crisis – and why even in Silicon Valley, great ideas don’t always translate into great American jobs.
But before I talk about this administration’s efforts to fix those problems, I want to spend just a few minutes talking about just how far we’ve come.
Even before being sworn in as our 44th president, President Obama was welcomed with:
Source: U.S. Department of Commerce
