Don’t throw the baby out with the bathwater

By: Gregory J. Lynch

Ronald Bailey has criticized the federal government’s loan guarantee provided to Solyndra (“With a Government-Funded ‘Success’ Like This What Does a Government-Funded Failure Look Like” Reason Magazine, Sept. 1, 2011). While it may be easy to attack a decision that ultimately turns out to be wrong, it is important also to highlight the successful government investments, especially in basic research, that have played a critical role in the American innovation engine that has been for some time now the envy of much of the rest of the world.

View the complete blog at IBMadison.com’s Open Mic page.

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