Everybody’s for “innovation” these days.
Innovation is as American as fireworks on the Fourth of July, the iconic garage inventor who makes some great discovery and turns it into a commercial success, or the Washington Monument honoring George Washington, the Father of Our Country.
But Congress is exhibiting schizophrenic legislative impulses toward innovation. One day, lawmakers overwhelmingly pass the pro-innovation 21st Century Cures Act. Another day, Congress bears down on weakening the very vehicle that incentivizes American innovation, U.S. patents.
