zlacker

> Scientists and engineers in national labs, universities, and elsewhere show what a real commitment to technological progress looks like.

And everywhere. You've only named public institutions for some reason, but a lot of progress happens in the private sector. And that demonstrates real commitment, because they're not spending other people's money.

>>robert+(OP)
If the ZIRP era has taught us anything, it's that private companies can spray other people's money up the wall just as well as anyone

>>waltha+41
It's the (partial) owners' money. The (partial) owners might be VC firms, but they are risking their own money.