I always like to include this :
‘102 Things NOT To Do If You Hate Taxes’
@ : http://www.addictinginfo.org/2013/06/22/102-things-not-to-do/
When talking about what the Government does and doesn’t do.
For the moment….let’s set aside the Millions of people employed in our Military and the Billions that ‘We The People’ pay them.
And the Billions and Billions and Billions of dollars that corporations receive FROM the Government – ‘We The People’ – and the millions of jobs created to make planes, ships, bombs, guns and the huge variety of support equipment….
Yes the ‘Government doesn’t create jobs’ but let’s set the military aside for the moment.
And in fact, let’s set ALL the various Government departments that employ hundreds of thousands of people that directly help millions of Americans everyday.
Let’s just focus on Government – ‘We The People’ funded R&D.
Research and Development.
And the hundreds of thousands, millions of jobs this investment from our Government – ‘We The People’ – has created in the private sector.
Yeah. ‘Government doesn’t create jobs’.
‘Department of Energy labs: 1943–present’
Founded in 1943 to address the need to mobilize our nation’s scientific assets to support the war effort.
‘What we invested: A few million dollars in the early 1940s, growing to about $5 billion, or 0.03 percent of GDP, in 2012’.
‘What we got: The optical digital recording technology behind all music, video, and data storage; fluorescent lights; communications and observation satellites; advanced batteries now used in electric cars; modern water-purification techniques that make drinking water safe for millions; supercomputers used by government, industry, and consumers every day; more resilient passenger jets; better cancer therapies; and the confirmation that it was an asteroid that killed the dinosaurs 65 million years ago’.
‘National Science Foundation: 1950–present’
‘The National Science Foundation was founded “to promote the progress of science; to advance the national health, prosperity, and welfare; and to secure the national defense.”
‘What we invested: Just $3.5 million for its first full year of operation in 1952 (roughly $29 million in 2012 dollars), growing to $7 billion, or 0.05 percent of GDP, in 2012’.
‘What we got: Google, which was started by a couple of students working on a research project supported by the National Science Foundation, is today worth an estimated $250 billion and employs 54,000 people. This alone would pay for nearly all the program’s costs reaching back to its inception, but funding has also been instrumental in the development of new technologies and companies in nearly every major industry, including advanced electronics, computing, digital communications, environmental resource management, lasers, advanced manufacturing, clean energy, nanotechnology, biotechnology, and higher education’.
‘Defense Advanced Research Projects Agency, or DARPA: 1958–present’
Founded in response to the launch of Sputnik to ensure the United States had cutting-edge military technology’.
‘What we invested: $246 million in the first appropriation in 1962. In 2011 dollars: $1.6 billion. Investment has continued, reaching nearly $3 billion, or 0.02 percent of GDP, in 2012’.
‘What we got: The team that would go on to pioneer technologies that brought us the Internet, the Global Positioning System, and Siri’.
‘The Apollo Space Program: 1961–1969’
‘In fixing a national ambition and rallying resources behind it, the United States went from never having put a man in orbit to landing a team on the moon in less than a decade. At the height of Apollo’s efforts, it employed 400,000 Americans and worked with 20,000 partnering institutions’.
‘What we invested: $24 billion. In 2011 dollars: $150 billion’.
‘What we got: Massive technological advancement and the start of huge opportunities for technology transfer, leading to more than 1,500 successful spinoffs related to areas as disparate as heart monitors, solar panels, and cordless innovation. More recently, we’ve seen a fledgling private-sector American space industry with real growth potential, which in 2012 completed its first cargo delivery to the international space station’.
‘Human Genome Project: 1988–2003’
‘The Human Genome Project ultimately helped coordinate the work of scientists in countries around the world to map the human genome’.
‘What we invested: $3.6 billion, or approximately 0.005 percent of GDP spread out over 15 years. In 2011 dollars: roughly $5.7 billion in total’.
‘What we got: Critical tools to help identify, treat, and prevent causes of disease—and huge opportunities for the high-growth American biotechnology industry, which accounts for more than three-quarters of $1 trillion in economic output, or 5.4 percent of GDP, in 2010, and now depends heavily on these advances in genetics’.
‘The future of federally funded research
While we have seen huge and tangible results from our research investments in the past, we are not making the level of investments we need to cultivate innovation in the 21st century’.
‘Our national investments in research and development as a percentage of discretionary public spending have fallen from a 17 percent high at the height of the space race in 1962 to about 9 percent today, reflecting a shift in priorities of our government. The biggest decline has taken place in civilian research and development, which has dropped significantly as a proportion of both GDP and federal spending’.
‘To make matters worse, the automatic budget cuts set to take effect January 1, 2012, would reduce research and development budgets by 8.4 percent on average’.
‘And independent analysis by the Aerospace Industries Association predicted that these cuts would put 31,000 physical, life, and social scientists across the country out of work’.
From : http://www.americanprogress.org/issues/technology/report/2012/12/10/47481/the-high-return-on-investment-for-publicly-funded-research/
Ah. Eric begins with the ever popular myth – ‘Government doesn’t create jobs’.
Hey Eric. How many people ‘won’t’ lose their job if the military were to pull out of Virginia?
‘Fox News’s Chris Wallace challenged House Majority Leader Eric Cantor (R-VA) and the GOP-controlled House for failing to pass key appropriations before the government runs out of money in September, demanding to know why the party is wasting time holding its 40 Obamacare repeal vote and pursuing other highly partisan partisan measures’.
“Rightly or wrongly, none of the bills you passed is going to become law,” Wallace told Cantor on Fox News Sunday’.
“You have only passed four of 12 appropriations bills you are supposed to pass. We face a government shut down in the fall. Is this the best time to spend your time, passing bills that won’t become law?”
‘Cantor responded by accusing President Obama of delivering campaign speeches and failing to consider measures the House has already voted on’.
‘But Wallace wouldn’t hear it, reminding Cantor that the GOP couldn’t advance a comprehensive Farm Bill and had to pull a transportation funding measure after moderate House Republicans balked at its deep cuts. “Why not do what the House is supposed to do?” he pressed’.
From : http://thinkprogress.org/home/2013/08/04/2409391/fox-host-confronts-house-republicans-for-running-a-do-nothing-congress/