I believe in investing in basic research and science because I understand that all these extraordinary companies that are these enormous wealth-generators -- many of them would have never been there; Google, Facebook would not exist, had it not been for investments that we made as a country in basic science and research,” Obama said. “I understand that makes us all better off.”
Of course that statement is ludicrous and makes a mockery of human ingenuity and the private sector but that is par for the course for Obama. In his view everything we have is thanks to the generosity of our betters in the government.
Like automobiles, the telephone, the lightbulb, petroleum refining, airplanes, television, and a whole host of other products we take for granted, there is no way the Internet would've been created without government intervention.
Clearly, the government is responsible for everything in our lives. Thank you Obama.