Innovation and discoveries are funded by the government. After some success is achieved, private funding will dip their toe into it, but you can't name a single recent major innovation that wasn't started with government funding. That includes pharmaceuticals and electronics, and fracking.
edited to include fracking..
You gotta be funcking kidding. The GOVERNMENT drives innovations and discoveries? You think the government funding Silicon Valley for 30 years? Brought us to top technological leadership in the world with all that PRIVATE funding and risk capital?
Government can't even design a HealthCare website. Has thrown out more useless computing systems that cost billions and never became operational. Has a State Dept and FBI that still used rolodexes, file cabinets, and teletypes until about 15 years ago?
Government didn't Develop electronics. That's MY ball field. THey were 1st CUSTOMERS for products in a lot of cases. But too many companies simultaneously entered that field to make it a "govt" sponsored event.
Even the Apollo program was driven by private companies. The Saturn 5 should have logos on it from the 30 corporate contributors like a NASCAR paint job. I worked at KSCenter -- it was private contractors doing the work and the innovation.. MOST of it previously existing before it was needed.
Govt doesn't design shit. Except for toilets that don't flush, light bulbs that cost over $10, heat pump systems that quit working when it gets colder than 40 degs, and pesticides that only make the bugs angry..
No wonder you dont have a clue how valuable risk capital is to this country. And how the left would DESTROY the very engine we need right now to stop our slide into economic irrelevance.