Why We Should Be Worried That Washington Is the New Job Creator

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The idea that the Government money can help start new businesses is absurd.
Entrepreneurs can go to Angels(wealthy people), Venture firms, Financial
Institutions and get funds, and keep some equity for themselves as part of the deal.
How does it work with Government money? The inventions, and the funded company is put in the Public Domain. So why would anyone take Government money? If the Venture is a failure, (But not know by outsiders) it is a way to get a subsidy and possibly recoup the original investment through theft of Government funds
If the venture is a success the founders will have salaries but no equity.
Why would any competent entrepreneur take a terrible deal like this?

Arthur Lemay 9:53AM September 17, 2010

The federal government has been a premier driver of employment growth for the better part of a decade, while private-sector job creation has declined during the same period. As a conservative I hate to say it, but the Bush administration started this unfortunate trend.
Why is it suddenly news?

Todd of PA 10:43AM December 09, 2009