In recent years it seems that importance of science has declined in the past couple of years. However its necessity in growing the economy and finding new solutions to old problems and dilemnas remain the same. However history is now entering a period where the great discoveries mostly cannot be made with out some sort of financial backing for the equipment and research time. This means that there is a real chance for major nations losing ground in the sciences if they do not make the conscientious effort to invest in research and development. President Obama made a telling point in saying that innovation was the key to “winning the future.” In an increasingly competitive global market it is the country that can harness innovation and technology that will be the most successful economically. Basical labor is something that can gain value one day and lose it the next but the possibilites and new markets created by science and invention are eternal.