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Re:Obama-Endorsed VC Program Promises 6,000 New Startups by mconnors on Thursday February 17, 2011 @03:13PM (#2232624)
I just don't agree NIH programs "damage the economy" and I've provided concrete examples of how it has done the opposite. Also I am pretty sure any grant writing process is definitely based on merit. We'll have to agree to disagree.
Re:Obama-Endorsed VC Program Promises 6,000 New Startups by anamax on Thursday February 17, 2011 @05:51PM (#2233263)
> I've provided concrete examples of how it has done the opposite.

No, you've merely shown that there were some benefits. You didn't discuss costs at all.

> Also I am pretty sure any grant writing process is definitely based on merit.

"merit" means only that the best proposals were funded. It doesn't tell us whether funding those proposals was a good idea.