Three years ago I made the case for dumping renewables, and doubling medical research — and both occurred in last night’s budget. (Yes, I hear the cry that this is just more big-government funded bad-science, bear with me, I’ll get to that). First let me bask in the glory (wink).
I’m especially proud of the Op-Ed I wrote in The Weekend Australian in May 2011. Indeed it’s very much my driving mission — to redirect corrupted and wasteful tax funds towards better uses, and to help four year olds with cancer, and all the other variants of human pain.
It’s big biccies… The Abbott Government is setting up a 20 billion dollar medical research future fund, which is expected to distribute $1 billion to research annually by 2022-23. It’s being claimed it is the largest in the world (I am not entirely convinced, but nonetheless, it’s radically big). We currently spend about $800m a year on medical research, so this would really double it. (Spooky).
But I can feel the barbs of skeptical libertarians already — saying the money should have been used to pay off the debt or returned to the people who earned it — and I’m […]
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