Why Insist on Government Funding for Embryonic Stem-Cell Research?

Deb asked:

I've been trying to figure this out, so I'm asking y'all to explain this to me: what is the big deal with embryonic stem cell research? I'm not asking this of those who oppose it, but rather those who think that Bush screwed up and the government should be funding it. Why is it so important that the funding come from the government?

Although I'm an opponent, I can think of three reasons:

1. The first piece of expert advice is for the government to spend more money on experts.

2. If there are any experts opposed anyway, we can always tell them the People have spoken (and tell the people the Experts have spoken).

3. It'll be a handy excuse for nationalizing pharmaceuticals in another decade.