Christ, these guys had more luck than most people who dream of making games will ever come close to having. They even had a successful Kickstarter to keep going when the government decided to pull out! Everything they've said and posted on Twitter since the studio's closure just reads like a couple hooligans up their own asses about their education level, both of whom severely lack any level of introspection or self-analysis.
There's a legit debate to be had about who gets, how groups distribute, or if there even should be government funding for the arts. But as far as I can tell, these guys only get mentioned because they made a few critical darlings. There's nothing exceptional about them other than their catastrophic meltdown, and they shouldn't be used as evidence for an argument suggesting there's a decline in government fund supply for the arts.