Return to Article: Nanotechnology bill called 'historic'
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This is a prime example of fraud, waste and abuse! This is a area that the government should leave up to the private sector to develop!
"The National Science Foundation, the coordinator of the NNI, has estimated the nanotechnology applications may be worth more than $1 trillion in the global economy in little more than a decade, according to House bill sponsor Mike Honda, D-Calif." If Mr. Honda is correct, the private sector would finance this in a heartbeat. Therefore, either the government should get out of this mess, or Mr. Honda is way off the mark in his statements.
This simply is a subsidy for eggheads that will generate no jobs or income for anyone else that could not be better handled by the private market!
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