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by thetabyte 4966 days ago
So you're telling me risky investments in possibly revolutionary startups can fail? If we go back to writing by PG, failures like this are proof we are making risky a enough investments to actually make a big difference.
2 comments

Strategic conduct on the part of businesses isn't the same thing as smart (or ethical, or legal) conduct when it's done by governments. Everything has a context.
I agree. Which is why government making the risky investments that more conservative businesses won't in order to create the empowering innovations that will save our environment and improve our economy is a major positive for me.
And if it just happens to benefit major contributors and bundlers to the party of the President that is in power, well, that is entirely a coincidence!
Your "proof" logic is backwards.

PG's point was not that failing means you're doing it right, but rather that never failing means you're not pushing hard enough.

I understand that. But not everything the government funds fails. I am instead disproving the case presented to me—the failure of Solyndra is not evidence of a failing government effort.