Skip to comments.Obama: ‘Google, Facebook Would Not Exist’ Without Government Funding
Posted on 04/16/2012 1:31:04 PM PDT by Mad Dawgg
CNSNews.com) President Barack Obama insisted Thursday that without government spending, Google, Facebook would not exist.
Obama made the remark at a campaign fundraiser while criticizing the budget passed by House Republicans. Obama said the Rep. Paul Ryans budget would, among other things, cut funding for research.
I believe in investing in basic research and science because I understand that all these extraordinary companies that are these enormous wealth-generators -- many of them would have never been there; Google, Facebook would not exist, had it not been for investments that we made as a country in basic science and research, Obama said. I understand that makes us all better off.
Obama said Ryans budget would gut an advanced, responsible society.
(Excerpt) Read more at cnsnews.com ...
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