Re:Here’s How The Government Can Fix Silicon Valley: Leave I...
by aliston on Monday June 07, 2010 @02:32PM
(#1411321)
The entire federal budget was about 500 billion in 1960, inflation adjusted. The current federal budget is nearly 3 trillion. Yet today, we seem to be spending less money building infrastructure investments that create economic booms and more money to pay people to sit around. Perhaps he's arguing that we should be spending less on entitlement programs (handouts) and more on infrastructure investments like high-speed internet.
If the government wants to help innovation in this country they should get busy with infrastructure. Lay fiber to every home and business in the U.S. Actually start building some of these high speed train networks to make travel easier. Get computers into the hands of every child in the country as soon as they are physically able to press buttons.
The article mainly seems to be asking for better regulation/handouts, not none. Except for the last paragraph.