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[quote=Anonymous][quote=Anonymous]

[b]The private sector can conduct this research too and share it with everyone. But they don’t. That is why we have NIH and other grant programs that support research.[/b] [/quote]
The federal government funds basic scientific research primarily.  The private sector uses these results to develop applications they can make money from.  The research budget of the US is an innovations machine.  The private sector does not have much of an incentive to do basic research (sometimes called curiosity driven science) because they cannot patent the gains in general knowledge but the deep and wide knowledge the scientific community gains from basic research projects conducted in government labs or in university settings (with the help of federal grant money) has a huge payoff for the private sector.  Federal research funding is also responsible for financing the education of the vast majority of PhDs in the sciences.  The public and the private sector get a lot of bang for their buck.  Conservative estimates are a $3 return for each $1 spent even after recognizing that not every scientific study has an obvious rationale.

http://www.sciencecoalition.org/federal_investment[/quote]

So it's corporate welfare then. Get rid of it.[/quote]

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