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Comment Re:i always thought this was a good idea (Score 1) 245

Part of the problem is start up costs. To do serious research you need labs, equipment, researchers, staff, test subjects, etc. If you have that much money the bounty had better be huge so that you do not just decide to play the stock market or real estate instead. Government funding of reesearch is needed to overcome these inherent barriers. Government is probably the only real solution to the problem.

Comment Re:Why do the tax payers have to pay for all this? (Score 1) 106

*Ahem*
It eas funded through gov't bonds and the railroads were given a right of way as well as the checker board of every other section for 10 miles both north and south of the corridor. It turned out that the minerals under the checkerboard; oil, gas, and coal mostly with a few others like trona in some palces; were, and still are, worth a huge fortune. In fact UPRR made more money selling coal in the often treeless Western US than it did on freight for many years.

The private sector had years to create a railroad, only government intervention in the arket place made it a reality.

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