Stem Cell Policy

It's been awhile since I've been able to bestow some knowledge on y'all and luckily I've come across a very interesting article. The article is from the Wall Street Journal Online and is called "Obama to Reverse Policy on Stem Cells". The link for the article is http://online.wsj.com/article/SB123637565340956847.html . The piece tells us that President Obama will issue an executive order lifting restrictions on federal funding as it relates to stem cell research. Former President Bush had basically grandfathered the stem cell research at the time but stopped any future funding for stem cell lines not being researched. Of course, the hope is that stem cells may help us find cures for diseases such as Parkinson's and diabetes among others. The issue is controversial since opponents view it as taking a life to save a life, since days-old embryos are destroyed in the process.
I know what you're thinking, "Interesting article but I thought this was a blog about risk management?" Well it is, and this is how it relates. Looking at the very big picture, I would suggest that this is a way of the government looking at the risk management of their citizens. If we were to have a cure for diabetes, for example, people would spend less on their continuing diabetes treatment. This would allow people to spend their money elsewhere, in a way helping the economy. The main benefit would be that there would be more people who live longer. This increase in people would lead to more tax revenue for the government. Therefore, the government is managing the risk of their citizens dying.