The grandiose expectations of Proposal 2 were that millions of dollars would flow into Michigan. It is true that in October 2009 the University of Michigan received eleven grants worth $6.8 million in federal stimulus fund money for stem cell research. However, only one grant involved ESC and that one would have been permitted prior to passage of Proposal 2.
Certainly the anticipated boost in our economy through bioscience jobs and other advantages of a number one bioscience atmosphere have not materialized.
So at present there is no apparent financial gain from Proposal 2. One can wonder how much further we would have been toward the cure of disease if money had been given to ASC research rather than ESC research.
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