The Worth of Applied Research (Op-Ed by E. Wayne Holden)

The political dynamics of the presidential election year in the United States have made painfully clear the unsustainable size of our federal debt ($16 trillion) and rate of increase in deficit spending (to nearly $4 billion each day). Unfortunately, polarized politics in Washington, through our elected members of Congress and the administration, have over the years increasingly reduced our options for comprehensively and creatively addressing the federal deficit.