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To: wastoute
My point was that it takes but a moment to negate the positive impact of innovation.

Well, you failed to make your point.

52 posted on 09/30/2016 7:51:10 AM PDT by Will88
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To: Will88

Well, let’s take Solyndra, for example. Any competent physicist could have told you there was NO WAY solar panels that were truly economical could be produced 8 years ago. Nevertheless, this company was created with no other intention than “farming” Federal Grants. Last I heard that cost the economy half a billion. How much improvement in the economy has to take place to recover that loss? The time periods don’t correspond but the analogy is still correct, “How many secretaries typing documents at 80 wpm do we have to lay off to realize the benefit of word processing?”. And how many years will we have to take to accrue that benefit? How many other companies have to accrue small, incremental benefits of innovation over what period of time to fill the crater left by one Solyndra.


53 posted on 09/30/2016 8:02:28 AM PDT by wastoute (Government cannot redistribute wealth. Government can only redistribute poverty.)
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