The Chief Judge of the Federal Circuit recently outlined his proposal to stem the outflow of jobs, talent, technology, and production from the U.S., which he believes is a huge, but mostly unrecognized threat to our economic security.  He suggests the root of this problem is that our patent system is failing.  His solution: an immediate capital investment into the USPTO of $1 billion so that it can raise examiner pay, hire more examiners, and fix its computer problems.  He also suggests that Congress authorize the USPTO to offer deferred examination, so that applicants can choose to take more time to assess their invention's commercial potential before incurring examination costs.  Read the full proposal here: https://www.jptos.org/chief-judge-paul-michel-speech.html.