Dan Castro and Rob Atkinson over at ITIF have published a new report "Stim-Novation": Investing in Research to Spur Innovation and Boost Jobs:
Scientific research underpins the great technological advances of the past century, from mapping the human genome to the development of the Internet. Increased investment in scientific research, even if the increase is for only one or two years, will lead to long term payoffs in the form of more modern research infrastructure and laboratories, additional discoveries and innovation, and increased U.S. competitiveness.
Moreover, including substantial support for research in the stimulus package will create and retain a sizeable number of jobs, in a wide array of occupations, such as scientists, engineers, technicians, construction workers, and workers making scientific equipment. Spurring an additional $20 billion investment in our national research infrastructure will create or retain approximately 402,000 American jobs for one year.
And so why are the critics claiming that this shouldn't be in the package?
Leave a comment