
While the current budget situation is difficult, Davis in his remarks was more upbeat, noting that these two challenges are, like the variables in any science experiment, subject to change and improvement as the economy recovers. He noted that he shared the “unbounded optimism of Americans for the future” and pledged the System would harness all of its resources, “this board, our presidents, and the great intellectual capital in our institutions, to serve this state.” Davis said that despite the challenges, “we are resolute in fulfilling our core missions of teaching, research, and service. Let no one doubt this: we have managed and will continue to manage this economic situation with a sense of purpose and with a growing set of skills.”
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