Quote (thundercock @ Oct 27 2019 06:59pm)
You're misrepresenting what I said. I never mentioned Solyndra... Having said that, the ARPA-E program is so good the Heritage Foundation supports it. Ultimately, it's too risky for corporations to plan decades into the future when they have to answer to shareholders on a quarterly basis. Temporal risk is difficult to get around which is why you need to pool enough resources to absorb that risk. I suppose the anti-statist opinion would be for private entities to voluntarily pool resources and fund private universities and private labs. However, even if you removed government from the equation, there's no real incentive for them to fund something like that.
Anyway, it really doesn't matter in the end. My philosophy on government is represented and yours never will be. I win.
I'm still waiting on any example of government spending that he wouldn't characterize as a misallocation. It's funny that a constantly rants about disproving things but now that I'm giving him a perfect example to give a contradiction to my claim he won't answer