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Fisker and its battery supplier A123 Systems have taken federal money to research and develop product with ultimate payoff yet uncertain. The fear is if they fail, taxpayers lose. The hope is if they succeed, America wins.

The prospect of federal dollars going toward advanced research – including for hybrid and electric car development – has caught its fair share of criticism, but according to a recent twin panel discussion on Capitol Hill, American competitiveness also hangs in the balance.

Objections have included philosophical disagreement with the government “betting taxpayer money” and “picking winners and losers” but what happens when bets pay off?

According to a March 16 discussion sponsored by the American Association for the Advancement of Science (AAAS) and nine other professional societies, many federal bets have fundamentally improved life as we know it.

To read the full, original article click on this link: Should the Government Invest In Technology Research? | Hybrid Cars