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Politics : Formerly About Advanced Micro Devices

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To: i-node who wrote (826288)	12/28/2014 3:17:52 PM
From: tejek	Read Replies (2) of 1582755

>> You've got to stop telling yourself you know what you're talking about because you don't. Most experimental products are started thru gov't research. Some are; some aren't. Taxpayer funded basic research is the genesis of many products, but practically NONE would come to fruition without private money. The Internet is the best example, which was funded by a small amount of defense money, but lingered a decade and a half before private industry turned it into what it is today. That's exactly what I said. The gov't takes the initial risk and then corps jump in when success looks possible. That's why your previous post was BS. >> Frequently, its only gov't that has enough money and can afford to take the risk and do the research. To the contrary, government spends about 70B/y on basic research while American companies spend in the area of 1/2 trillion a year. More importantly, R&D by private enterprise creates economic growth whereas money spent by government creates little. If government did not do the basic research much of it would end up being done by private enterprise anyway. Yeah, private industry spends their research money making their cheerios more exciting or picking which color sells more iPads. Meanwhile, its gov't that does the heavy lifting like cracking the atom. Again, the Internet is a good example. IBM and DEC were both innovating considerably in the networking area before government really did anything of substance. There is little doubt that these organizations and others would have eventually created what the public demanded. >> Its a concept you will never understand because you are so steeped in ideological fervor and so afraid you won't get enough for yourself. Its a concept the red states refuse to endorse and that's why they tend to be backwards. Nothing ideological about just understanding how the economy works. BS. Your whole view is dictated by your ideology. You're are so deep in it you work overtime trying to change reality. And when that kind of thinking predominates state wide, the results are not good as the stats tell us. >> This country is broke because it got an idiot president back in the 80s who was very popular because he had been a mediocre movie star with good looks. That comment is totally off the rails and you know it. No, it isn't. Reagan was a huge mistake and he and his fellow Rs helped get us where we are today.

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