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Detailed text transcripts for TV channel - MSNBC - 20110919:20:46:00

i don't. don't freak out at home, but i'm just playing the devil for a second, okay? why would you want to have the government risking money on experimentation, whether it's in bioscience, energy science, medical -- i don't care what it is -- risking money on experimentation when a huge percentage of those experiments, you know, sir, are not going to pan out. i will lose that money. why should the government be in the business of funding scientists, a certain percentage of whom i know are going to fail? >> well, some of them will succeed, some of them will succeed big, some of them will change the quality of life for americans. that has been historically true for decades, even centuries. but why should the government do it? why not just leave it to the private sector? because we've tried that. and in basic science, they don't do it. in -- >> why not? >> in some of the bigger, more expensive things, whether it's energy or transportation, they don't do it. well, for whatever reason, they don't do it, and it must be

British-government , Money , Experimentation , I-dont-know , Care , The-devil-fora-second , Energy-science , Home , Bioscience , Dont-freak-out , Percentage , Funding-scientists

Detailed text transcripts for TV channel - MSNBC - 20101206:17:47:00

as a national leader in bioscience and innovation, north carolina is now the country's third largest employer in biotechnology. and when caterpillar recently decided to build a plant in this community, they -- >> okay, so president obama there in winston salem, north carolina. he's at a community college and he's talking about the ways you take a nation, which in his own statistics, has fallen to ninth place in the number of of people with college degrees, 18th place in the number of people who graduate from high school and how do you turn that around so that our economic future is strong and viable against our global partners. he's talking about how do you have a sputnik moment here, a place where the political parties are unified behind a common goal that this is what we need to do.

Country , Innovation , North-carolina , Biotechnology , Leader , Employer , Bioscience , President , Plant , Community-college , President-obama , Winston-salem