http://www.newrepublic.com/article... The dirty little secret that conservatives hate to admit to. That much of what we think of as the modern economy was born out of government funded research and development.
The government can only spend money and not make it you say? I guess people who say that have conveniently ignored just about everything that's happened in high tech over the last 50 years.
- Scoble, Alex Scoble
Yeah, the two major industries of the Bay Area would probably not have taken off if not for state and federal funding.
- Victor Ganata
I'd say the top three that shaped Silicon Valley...biotech, IT and defense would not have happened if not for government spending.
- Scoble, Alex Scoble
Not to mention all of the ancillary industries like VC and legal services.
- Scoble, Alex Scoble