In an effort to spur advances in nanotechnology, President Bush approved a bill that will provide $3.7 billion to nanotechnology projects for the next four years. The industry should open up a myriad of new technology jobs that will propel the U.S. out of the economic mud and into prosperity.

"Although the field has drawn equal doses of hype and skepticism, researchers and scientists in the field say that nanotechnology will have a significant impact on a number of fields, including electronics, medicine and energy. "