Speaking at an upstate New York Community College, President Obama outlined his administration's plan to invest in innovation. He promised to make college more affordable, reduce taxes on start up companies and kickstart the lagging investment in research and development. The President's speech was delivered the same day the conference board's monthly report was published. The board reports consumer demand is going up and inventories are falling. Stock prices are steadily increasing. Even the public's expectations are trending up. The President told the crowd he has goals to keep the country climbing out of the recession. "That is why I have set a goal of putting a full three percent of our gross domestic product - our national income - into research and development." Later this week, President Obama will turn his attention to improving the global economy at the G-20 summit in Pittsburgh. © 2009 ksfy action news. all rights reserved. this material may not be published, broadcast, rewritten or redistributed.