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by startupfounder
5270 days ago
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WRONG! Clean Tech and Green Tech are not scams, they are investments in our future. Just like any other technology the US has invested in. Like any investment some are good and some go south. If you want to complain about our government "wasting" money and trillion dollar money grabs look no further then the Department of Defense: http://www.nytimes.com/imagepages/2011/03/13/opinion/13opcha... (note the numbers in this graph are in billions, not millions) Solyndra was a rounding error in what the US Government wastes on defense. VCs are like the government, they only win when companies win. Just like the government VCs loose many, but win big on a few. Government wins when the companies they "invest" in create American jobs. I am not even going to go into you putting "simple" and "tax" next to each other in the same sentence. |
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The fact that DoD is a bigger waste of money is not a defense of Clean Tech.
The real solution is getting the big incentives correct-- tax pollution, and get the government out of the business of picking technology and playing venture capitalist.