I severely hope this was the year 2004 publication date talking, and not an intense ignorance of the significance of basic research. Also, I somehow found this gem under a sub-section titled "The Military-Industrial Complex" for whatever reason.
"So great was the prestige of science, and of physics in particular, that some very large and expensive projects were undertaken even though they seemed far removed from immediate payoffs. In 1990 the space shuttle Discovery launched the Hubble telescope, a $1.5 billion project designed to provide the clearest pictures yet of the universe. Its 94.5-inch (2.4 m) polished mirror turned out to be faulty, but three years later astronauts added corrective optics while the telescope was still in orbit. It was a scientific instrument directly in line with the private-funded telescopes of the late nineteenth century. By no means all defense-related research and development ended in wasteful extravagance"
-Carroll Pursell, Science and Technology, A Companion to 20th-Century America