Sand wrote:
Considering the major, major, major screw-up of the current financial system and the American automobile business private business is no wonder either. Where does that leave us?
In the usual lurch. People are imperfect.
Flaws and all, private business has produced most of the things that make our lives easier, healthier and longer.
Thomas Edison and Charles Swan (English) did not need the government to invent the light bulb. Marconi did not need the government to develop a wireless telegraph. Edward Land did not need the government to invent instant photography. Salk and Sabin developed polio vaccines primarily with private funding. Orville and Wilbur Wright developed their flying machine with money from their own pocket: $1200. Samuel Langley, funded by Congress to the tune of $50,000 (in 1900) produced nothing but failures. (And that, of course, includes NASA)
And so on and so on and so on.
Bottom line: Government sucks lemons and excretes brown and smelly effluvia.
ruveyn
And therefore you advocate all federal funding for basic research be dropped as its contribution is negligible.