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Value Added: Obama's Centrist Innovation Policy

It was largely lost among coverage of the U.N. General Assembly, partisan Paterson politics, and a Letterman appearance. But President Obama's remarks Monday at Hudson Valley Community College in Troy, NY shed some light on the administration's plans for reviving American innovation and laying the groundwork for job creation and sustainable growth in the 21st century.

The New America Foundation's third Bernard Schwartz Economic Growth Symposium on October 20 (details forthcoming) will consider the nation's unemployment crisis and propose strategies for high-quality job creation. The president got a head start on us, however, by addressing the tricky gambit his administration faces: how to transition from policies that support short-term recovery to policies that promote long-term prosperity?...