I want to invest in research. Research is great. Providing funding to universities and think tanks -- great. But investing in companies? Absolutely not. That's the wrong way to go.Mitt Romney in his infamous Let Detroit Go Bankrupt op-ed.
I believe the federal government should invest substantially more in basic research — on new energy sources, fuel-economy technology, materials science and the like — that will ultimately benefit the automotive industry, along with many others. I believe Washington should raise energy research spending to $20 billion a year, from the $4 billion that is spent today. The research could be done at universities, at research labs and even through public-private collaboration.I know we could all list hundreds of these contradictions if we wanted to spend the time collecting them. But this is one I hadn't seen talked about anywhere else. So just add it to the pile.