November 29, 2012, 10:31 AM — Now that President Obama has won a second term, he has a window of opportunity to address important issues facing the nation by reaching across party lines. One fruitful area for bipartisan agreement is technology. While it may not have received much attention during the campaign, technology can be a uniting cause that directly drives our national economy and supports our ability to compete globally.
As our political leaders turn to the pre-eminent issue of the near future -- addressing the fiscal cliff -- we at CompTIA call on policymakers to consider the importance of tech firms and entrepreneurs to our economy. While deficit control is vital and should be a priority, it should not be accomplished at the expense of our economic drivers: innovation, small business and workforce preparedness. We should identify savings from lower-priority programs that would allow the federal government to pursue its core missions, which include ensuring that strong and growing sectors of our economy, such as IT, continue to thrive.
Moreover, it is important to continue tax policies that spur innovation and the dynamism of our small businesses. For example, we should encourage accelerated depreciation on purchases of existing legacy and new innovative technologies so that U.S. business can not only keep up with the pace of innovation, but also outperform in a global economy. . Moving past this immediate imperative, the president can help spur growth and higher efficiencies in a wide swath of the economy by allowing small and medium-sized technology companies to realize their potential. One bipartisan priority should be easing access to capital to help small, innovative firms grow. Another should be preparing young people in STEM (science, technology, engineering and math) disciplines and translating those educational underpinnings into career-readiness for those who do not pursue four-year or higher-education degrees.
By advocating for the release of a greater quantity, and larger blocks, of unlicensed radio spectrum for short-range applications, the president can spur innovation and growth in a critical sector of the economy. Today, we take for granted the degree of access and freedom that Wi-Fi has brought us. In truth, the benefits to the U.S. and global economy are incalculable.