Two Quick Thoughts

by Ramesh Ponnuru

1) The whole another-Sputnik-moment theme would be more reassuring if the last one hadn’t been a public-policy disaster.

2) Ok, I can see the case for subsidies for basic scientific research. But how can subsidized loans for solar-panel companies fit under that justification? For that matter, how does it fit with Obama’s comment about how government can’t predict which will be the industries of the future?

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