I am definitely not against gov't intervention in cases of market failure. I don't, in this case, understand how the heavy overhead of gov't intervention in this case is efficient.
The Gov't is using tax payer money to review and possibly fund ideas from tax payers. It is the reallocation of resources based on the opinions of a small number of people who are not directly (financially) responsible for their decisions. Maybe they will hit home runs but I would content that the iterative process of the private sectors has a better track record (I probably should find something to support that...)
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I am definitely not against gov't intervention in cases of market failure. I don't, in this case, understand how the heavy overhead of gov't intervention in this case is efficient. The Gov't is using tax payer money to review and possibly fund ideas from tax payers. It is the reallocation of resources based on the opinions of a small number of people who are not directly (financially) responsible for their decisions. Maybe they will hit home runs but I would content that the iterative process of the private sectors has a better track record (I probably should find something to support that...)
I think there is a big difference between finding life and finding signs of life.