Despite his talk of economic hardship, President Obama has been on an ideological spending spree — expanding government, increasing taxes, and doubling the national debt. New money pits are dug daily. Consider Obama’s commitment to government controlled health care and the possible nationalization of banks. But little discussed has been the financial ramifications of taxpayer-funded human embryonic stem cell research.
The morality of such life-destroying science aside, it is a prime example of pork barrel spending as it funds the kind of stem cell research that has the least chance of leading to real therapies for real patients. While it’s “only” a billion dollars so far — chump change, perhaps, out of a $3 trillion budget — at a time of fiscal crisis, it’s an “investment” in failure.
Wasting Tax Dollars on the Wrong Research
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