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January 25, 2011

"We’ll invest in biomedical research, information technology, and especially clean energy technology"

You blew your Sputnik moment, Barry
We've been spending money on research for 50-plus years now. We wind up with bureaucrats running science departments into the ground. Where are the patents? Where are the innovations? The Internet had help from DOD, true, but Brits and the Swiss had a hand in it as well and when it took off, venture capital, not government grants, fueled it. For 30 years and $30 billion a year, we have grown more dependent on foreign oil under the Department of Energy.

Posted by Vanderleun at January 25, 2011 9:22 PM. This is an entry on the sideblog of American Digest: Check it out.

Your Say

If omnipotent government had been investing in science and technology at the turn of the 20th century, the achievements of government would include horses for transportation than shit less, land line telephones in any color you want as long as it was black, and a vacuum radio in every shack. Social Security would not be the problem it is now because people wouldn't be living beyond their usefulness.

Posted by: james wilson at January 26, 2011 10:41 AM


Posted by: Roger Drew Williams at January 27, 2011 5:10 PM

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