http://scienceprogress.org/2009/03/budget-innovation-clusters/ Tue, 13 Sep 2011 13:59:48 +0000 hourly 1 http://wordpress.org/?v=3.2.1 http://scienceprogress.org/2009/03/budget-innovation-clusters/comment-page-1/#comment-4538 PJVarley Sat, 07 Mar 2009 23:56:28 +0000 http://www.scienceprogress.org/?p=2023#comment-4538 I can only wholeheartedly agree that innovation is the required stimulus to get the country out of this economic funk. Starting with the railroads back in the 1860's and 1870's the country has used technological innovation to spur the economy. There is a caveat to this process, however. The businessmen who then take these innovations to make economic platforms out of them go to far. They also create an economic bubble as they borrow and borrow and borrow. They just will not risk their own money. Not the big boys, no sir they won't. With the next bubble regulations must be already in place that will curb their greed. With the violation of these regs should come swift and unconditional consequences. I can only wholeheartedly agree that innovation is the required stimulus to get the country out of this economic funk. Starting with the railroads back in the 1860′s and 1870′s the country has used technological innovation to spur the economy.
There is a caveat to this process, however. The businessmen who then take these innovations to make economic platforms out of them go to far. They also create an economic bubble as they borrow and borrow and borrow.
They just will not risk their own money. Not the big boys, no sir they won’t.
With the next bubble regulations must be already in place that will curb their greed. With the violation of these regs should come swift and unconditional consequences.

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