Did you know that every important component in the iPhone was originally developed with funding from the US government? Not just the iPhone of course. Google, pharmaceuticals, GPS, commercial aviation, satellite communications. Just about every advanced technology that you could think of that sets the US apart from the rest of the world in terms of our economic strength finds it's root in the state sector.
Economist Marianna Mazucotti goes into more detail in this Ted talk, and those that have read my blog for a while know that I learned this long ago from Noam Chomsky. Chomsky goes into further interesting detail in this lecture from 1997. He says that pretty much everyone understood following the end of WWII that state support of the economy was vital, and if we took it away with the end of the war we should expect to plunge straight back into the Depression we had just emerged from. Think about these facts the next time you hear someone talk about how Steve Jobs is the perfect example of the kind of innovation that is possible if only we'd get government out of the way.