PATRICK ON SENATE PASSAGE OF LIFE SCIENCES INITIATIVE
BOSTON - Thursday, March 20, 2008 - I am delighted the Senate has advanced our life sciences initiative. Investing this money over 10 years in our workforce and bringing together the resources of our unparalleled research universities, teaching hospitals, and industry will help us create jobs and find cures. This is exactly the type of long-term investment that will position Massachusetts to compete in the global economy.
In the face of national uncertainty about the economy, our economic strategy is focused both on long term and short term investments. The life sciences proposal, along with our clean energy and education reform initiatives, are ways to grow the economy over the long term, by building on the strength of our educated and skilled workforce. The casino proposal and transportation, higher education, and housing bond bills are measures that will stimulate the economy in the short term by infusing billions of dollars of construction activity into the state.
I look forward to continue working with our partners in the Legislature towards swift final passage of this legislation as well as the other critical elements of our economic plan to help move Massachusetts forward.