Almost a year after assuming leadership, the administration of Barack Obama has taken on enormous tasks in confronting the recession that has gripped the U.S. economy. Americans have watched tentatively as the president has extended federal powers into handling corporate bailouts, overseeing the rehabilitation of banks and General Motors, laying…

In his State of the Union, the President made it clear that the most important contest this country faces today is not between Democrats and Republicans, but with competitors around the world for the jobs and industries of our time. To win that contest and secure prosperity for all Americans, the nation must out-innovate, out-educate, and…