Grants are dangerous for society, because they encourage private businesses to cooperate with current-term politics, and they take money out of the market. Last

Grants are dangerous for society, because they encourage private businesses to cooperate with current-term politics, and they take money out of the market. Last year, our federal government gave nearly $400mm to one company expecting the creation of just 1300 jobs. There are federal tax incentives for any company that does essentially anything novel (SRED) and that somewhat works, since acceptance is only conditional on meeting the criteria. Grants are preferential.