The Bush Report as it is known was proposed before the end of World War II so specifics were not the objective of this particular report. This report was more ideological than would be delivered to the White House any other time in history. Here are some more quotes from the report (bold added by me to emphasize important parts).
The Importance of Basic Research
Basic research is performed without thought of practical ends. It results in general knowledge and an understanding of nature and its laws. This general knowledge provides the means of answering a large number of important practical problems, though it may not give a complete specific answer to any one of them. The function of applied research is to provide such complete answers. The scientist doing basic research may not be at all interested in the practical applications of his work, yet the further progress of industrial development would eventually stagnate if basic scientific research were long neglected.
From my time on the inside (assisting DOE’s Office of Science), I know one of the highest priorities of our government is to move the knowledge discovered through basic research into applications that are attractive to industry. The Executive Branch understands that future economic growth is intimately tied to research being conducted today. Any short-sighted moves by the Legislative Branch to make our R&D funding stagnate will have grave consequences for the country in the future when innovations attractive to industry come from overseas.
This is reiterated later in the report section:
A nation which depends upon others for its new basic scientific knowledge will be slow in its industrial progress and weak in its competitive position in world trade, regardless of its mechanical skill.
What are we to do when industry looks to capitalize on innovations from countries such as India or China? Please don’t make me say I told you so…
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