I want to make sure that we are smart and not cheap, and that we remember that it is out of our research and development in defense and in the universities, the laboratories, and these small agencies like DARPA and ARPA, which spend relatively very small amounts of money, out of which have come the ideas that have been a big part of our ability as a country to produce about 25 percent of all the money in the world each year.
Emphasizing the importance of R&D for economic growth amidst budget constraints.
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