Industry and academia came together Monday morning to reinforce their message that sequestration’s impact on government-funded research and development is harmful to all sectors now and in the future, and that continuing to focus deficit-reduction efforts on discretionary-spending accounts--which total only a third of all government spending--will slow or reverse economic growth. Wes Bush, president and chief executive officer of Northrop Grumman Corp.[NOC] and chairman of the Aerospace Industries Association’s Board of Governors, joined representatives from universities, non-defense industry, manufacturers…
Wes Bush: Cuts to R&D Will Hinder Economic Growth, Rendering Sequester Pointless
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