“Government is a barrier to innovation and development.”

According to NSF, the federal government funds 57 percent of basic research, compared to less than 18 percent for business, 15 percent for colleges and universities and 11 percent for nonprofits. And business only funds about 6 percent of university-based scientific research — one-tenth the share paid for by the federal government — so a retreat by government could have wide collateral damage to university research.


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