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How government funding of science rewards U.S. taxpayers

By tovarichpeter   Follow   Wed, 20 Jun 2012, 9:05pm   807 views   8 comments
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http://www.washingtonpost.com/opinions/fareed-zakaria-how-government-funding-of-science-rewards-us-taxpayers/2012/06/20/gJQApDmJrV_story.html?hpid=z3

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1. Dan8267 Follow Befriend (16) 763 threads 7,695 comments Boca Raton, FL Premium

   1   9:26pm Wed 20 Jun 2012   Share   Quote   Permalink   Like (2)   Dislike   Science is responsible for every convenience, every gadget, every luxury, and every security in your life. From medicine, to food, to air conditioning, to toothpaste, to indoor plumbing, to clean water, to television, to the Internet, to video calls, to washing machines, science and engineering are responsible for almost everything that makes your life long and happy. Notable exceptions include puppies, babies, and rainbows.

2. CaptainShuddup Follow Befriend (1) 247 threads 4,699 comments

   2   6:54am Thu 21 Jun 2012   Share   Quote   Permalink   Like   Dislike (1)   How government funding of science rewards U.S. taxpayers Corporations. We fund the research then Pharmaceuticals charge us up to $1200 a pill.

3. michaelsch Follow Befriend 21 threads 581 comments South Pasadena, CA

   3   12:20pm Fri 22 Jun 2012   Share   Quote   Permalink   Like   Dislike   " the entire American-style set of regulations, clinical trials and lengthy waiting periods are now a serious deterrent to innovation". That's one problem. Others are: 1. General deterioration of post graduate education in the last 10 years here. (My friend who works in UCLA affiliated Research bio lab) says most of their work nowadays moved to Singapore, even though the cost of living is much higher than in LA out there. It's simply easier to find well educated young researchers there. 2. Inefficient and ideologically driven funding processes. Getting a grant is the major task for a scientist, while often grants are given by a corporation that actually orders wanted results. Proving pre-determind results is not a research. Even if the results are not falsified, it's mostly waist of researchers time.

4. thomas.wong1986 Follow Befriend 16 threads 4,426 comments

   4   12:06am Thu 28 Jun 2012   Share   Quote   Permalink   Like   Dislike   CaptainShuddup says We fund the research then Pharmaceuticals charge us up to $1200 a pill. one very poor ill runned, overhyped, hi cash burn industry... and not a good example in many ways to illustrate innovation. Do a the nation and world a favor and ignore it .. your better off reducing regulations to foster manufacturing in auto, aerospace, high tech, energy and many other industries.

5. CaptainShuddup Follow Befriend (1) 247 threads 4,699 comments

   5   7:11am Thu 28 Jun 2012   Share   Quote   Permalink   Like   Dislike (1)   "high tech" if the world was any more hi-tech toilet paper would have a boot ROM.

6. zzyzzx Follow Befriend (9) 414 threads 4,124 comments Baltimore, MD

   6   9:30am Thu 28 Jun 2012   Share   Quote   Permalink   Like   Dislike   Seems to me that the primary beneficiaries of US taxpayer funded science are owners of factories in China.

7. thomas.wong1986 Follow Befriend 16 threads 4,426 comments

   7   11:41am Thu 28 Jun 2012   Share   Quote   Permalink   Like   Dislike   zzyzzx says Seems to me that the primary beneficiaries of US taxpayer funded science are owners of factories in China. Since gross margins are around 50% that would mean what ever $1 of product revenue from end consumer: Chinese factories get 50%.. employee salaries, employee taxes and benefits, factory landlords, equipment used in factories built in China, Chinese Income Taxes and the list goes on... Yes! they are getting 50 cents on every dollar spent...

8. CaptainShuddup Follow Befriend (1) 247 threads 4,699 comments

   8   12:24pm Thu 28 Jun 2012   Share   Quote   Permalink   Like   Dislike (1)   CaptainShuddup says "high tech" if the world was any more hi-tech toilet paper would have a boot ROM. Well it's already got a primer.