Comments on: The Importance of Getting Control of Energy Supplies https://www.frackcheckwv.net/2013/06/21/the-importance-of-getting-control-of-energy-supplies/ Just another WordPress site Wed, 14 Feb 2024 02:06:39 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: Ellis Meadows https://www.frackcheckwv.net/2013/06/21/the-importance-of-getting-control-of-energy-supplies/#comment-33535 Ellis Meadows Fri, 21 Jun 2013 21:21:36 +0000 http://www.frackcheckwv.net/?p=8642#comment-33535 Critics who think the government has no place in supporting technology innovation have a tenuous grasp of U.S. economic history. In fact, the government has a long and successful history in helping America’s intrepid entrepreneurs succeed in new high-risk, high-reward technology sectors. As we wrote in “ Where Good Technologies Come From, ” the government has played a key role, either as an early investor or a demanding customer, in the development of virtually every advanced technology we take for granted today, from aviation to biotechnology, to computers and the Internet, microchips, and now clean energy. Indeed, without a visionary government investing in key strategic industries, world-leading companies like Google, Genentech and Boeing would not exist. Critics who think the government has no place in supporting technology innovation have a tenuous grasp of U.S. economic history. In fact, the government has a long and successful history in helping America’s intrepid entrepreneurs succeed in new high-risk, high-reward technology sectors.

As we wrote in “ Where Good Technologies Come From, ” the government has played a key role, either as an early investor or a demanding customer, in the development of virtually every advanced technology we take for granted today, from aviation to biotechnology, to computers and the Internet, microchips, and now clean energy. Indeed, without a visionary government investing in key strategic industries, world-leading companies like Google, Genentech and Boeing would not exist.

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