Obama coupled his pitch with an appeal to a nation groaning under an unemployment rate over 9 percent -- a vision of new technologies , fostered in part by government investment , bringing new jobs . Obama says the U.S. `` unleashed a wave of innovation '' after Sputnik . The president said that in his first year as president, he has created more than 100,000 new jobs and cut unemployment by nearly half.
Obama says the U.S. `` unleashed a wave of innovation '' after Sputnik . The president said that in his first year as president, he has created more than 100,000 new jobs and cut unemployment by nearly half.