Investment in science

On Monday Obama delivered this speech, stating that “Science is more essential for our prosperity, our security, our health, our environment and our quality of life than it has ever been before.”

He said his administration would double the budgets of key agencies, including the National Science Foundation and the National Institute of Standards and Technology; and pursue the goal of cutting carbon pollution by 80% by 2050.

“Energy is our big project,” he said. “My recovery plan provides the incentives to double our nation’s capacity to generate renewable energy over the next few years.”

The word ‘science’ comes from the Latin ‘scientia’, meaning “knowledge”. Science is the effort to discover and increase human understanding of how reality works.

Sad that the percentages are so low…. Obama’s goal is 3% of GDP by 2010. Meanwhile Japan spends almost 4.0%; Korea more than 3.2%; and China over 1.4% of its GDP on R&D. Heading in the right direction, but not exactly Rargian.

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