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Detailed text transcripts for TV channel - FOXNEWS - 20100817:10:48:00

if you look at america s economy rebeltive to that of china or india, there s an innovation gap. we re not he educating enough scientists or engineers. other than that, we ve lost our votes as an innovative society and what we ve really lost is our fear. after sputnik, we became innovative and put a man on the moon because we had to. i ve worried that we kind of lost that. i ve been saying the way to do something fairly quickly that s much more enduring and attacks the deep causes of our economy s problem is to look at your brain and have it see things that it wouldn t otherwise see that could inowe vat so the first example that i just gave you is you can see innovative new ideas in places you don t expect. for example, text messaging on cell phones was invented by these dutch engineers who figured out how to take the text messages that cell operators sent to users and expose those to users to talk to each other.

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