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US must still support research in new technologies

FOR THE Romney campaign to call the failing of A123 Systems Inc. a disastrous strategy of the Obama administration is either hypocritical or it shows a lack of understanding of the risk of developing new and improved technologies (“Mass. firm’s failure becomes part of fray,” Page A1, Oct. 17).

In our current business environment, where almost all well-established companies favor short-term profits over long term and costly research and development projects, it is paramount that government support upstart high-tech companies like A123 Systems Inc. in spite of the risk of possible financial failures.

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If we continually reduce government funding and support for research and development projects we will lose the future and our leadership in the world.

Gernot Buerger

Groveland

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