“I still believe that America, with its unrivaled freedoms, venture capital industry, research universities and openness to new immigrants has the best assets to be taking advantage of this moment — to out-innovate our competition. But we should be pressing these advantages to the max right now.”

NY Times columnist Thomas Friedman, in his column “Invent, Invent, Invent,” about how the US needs to be doing more — much more — to spur on innovation during this down economy.