A little funding for basic computer science research is not big government. Bailing out banks and giving private solar companies loans is big government.
Are you really going to criticize the government for investing in American companies of which a couple ones failed on a VC news site.
Yeah, companies fail. Yeah, the American government invests in American companies. Yeah, the American government can afford it. Right now the US treasury bonds that are indexed to inflation have negative interest rates[1]. Investors are _paying_ Uncle Sam money to take care of their money. The market is telling the government: invest, invest, invest.
1. http://www.treasury.gov/resource-center/data-chart-center/in...