Government Funding of Innovation Began Dropping in the 1980s Under Reagan- Now Most of What We See is Monetization of Old Technologies.

Semiconductors, solar panels, the internet, lithium ion batteries, computers, rockets, satellites, jet airplanes, modern tires, SIRI, liquid crystal display and multi–touch screen, MRI, radar, wind energy, GPS, Google, LEDs, and AI all originated through government funding – long ago. Government funded supersonic jet aircraft developed in San Diego and first flown in 1956. A time …