Administration Seeking Half-Trillion Dollar ‘Investment’ in ‘Transformative Research,’ White House Memo Says....Good Lord!

The Obama administration, as a long-term goal, sought to spend three percent of the economy – or about $450 billion – on research and development of “transformational solutions to Nation’s challenges,” and it planned to prioritize spending on “solar energy, next-generation biofuels, and sustainable green buildings and building retrofit technologies.”