“At such a difficult moment, there are those who say we cannot afford to invest in science. That support for research is somehow a luxury at a moment defined by necessities. I fundamentally disagree. Science is more essential for our prosperity, our security, our health, our environment, and our quality of life than it has ever been. And if there was ever a day that reminded us of our shared stake in science and research, it’s today.”

This excerpt from Obama’s introductory remarks to the National Academy of Sciences today in Washington D.C. continues the steady drum beat of renewed support for science in the U.S. It is striking how quickly science and scientists have transitioned from banging in vain at the castle gates to sitting at the head of the table. Among his main points are the following:

• Increasing science funding and support to 3 percent of GDP, an increase over the 60s era “Space Race” funding levels.

• Establishing the President’s Council of Advisors on Science and Technology (PCAST) headed by Holdren, Varmus and Lander.

• Increased funding for NSF and NIH.

• Renewed education initiatives that will bolster science and math education from grade school to university and beyond.

• The establishment of the Advanced Research Projects Agency for Energy (ARPA-E) to confront domestic as well as international challenges that stem from our current energy needs.

The bulk of his remarks are not news, but only because he is making good on promoting the various goals that he championed during the campaign. In reading this, however, I can feel the gigantic weight of responsibility descending on our collective shoulders. Are we ready? We better be. We need to get this right not only in terms of the soundness of our basic science but also in the efficient, ethical and forward thinking application of its fruits.

Read the speech in its entirety here.