Earlier quoted context omitted.
Because there’s no immediate and clear plan for a return on the investment due to how speculative things are, private funding is scant. Because we (the USA) are spending most of our money on the insane military complex there is little extra public funding for actually beneficial R&D. Edit: grammar.
>Because we (the USA) are spending most of our money on the insane military complex there is little extra public funding for actually beneficial R&D This simply isn't true at all. The US doesn't spend that much money on the military compared to other countries. Go look at federal expenditures; most are for entitlements: social security, medicare, etc. As a percentage of GDP, US expenditure on the military is nothing…
The nations with a more irresponsible budget than the US are mostly state-terror organisations. Which doesn’t mean that the US isn’t one