sputnik

Half a century ago, when the Soviets beat us into space with the launch of a satellite called Sputnik, we had no idea how we would beat them to the moon. The science wasn't even there yet. NASA didn't exist. But after investing in better research and education, we didn't just surpass the Soviets; we unleashed a wave of innovation that created new industries and millions of new jobs. This is our generation's Sputnik moment. Two years ago, I said that we needed to reach a level of research and development we haven't seen since the height of the Space Race. And in a few weeks, I will be sending a budget to Congress that helps us meet that goal.

With this program, we could bring water to the Middle East. We could rebuild some of our sagging esteem in that part of the world; we could insure that in this area at least we would have our sputniks abreast the Russians', and we could do our own economy a priceless good turn.