The Kremlin leader says expenditures will exceed revenues for the first time in ten years, creating a budget deficit of no less than seven percent of the country's gross domestic product.
VOA: standard.2009.05.25
As a result, the patent system is transferring resources from guys trying to create the next Angry Birds and to patent lawyers who are creatingno value.
Alternately, we could encourage the university system to be more responsive to market forces by creating a no-frills, federal degree-granting body that awards certificates to students who pass exams in a given subject.