econintersect.com
  • 토토사이트
    • 카지노사이트
    • 도박사이트
    • 룰렛 사이트
    • 라이브카지노
    • 바카라사이트
    • 안전카지노
  • 경제
  • 파이낸스
  • 정치
  • 투자
No Result
View All Result
  • 토토사이트
    • 카지노사이트
    • 도박사이트
    • 룰렛 사이트
    • 라이브카지노
    • 바카라사이트
    • 안전카지노
  • 경제
  • 파이낸스
  • 정치
  • 투자
No Result
View All Result
econintersect.com
No Result
View All Result

Sequester Fallout: Emigrating Scientists

admin by admin
8월 30, 2013
in 미분류
0
0
SHARES
0
VIEWS

Econintersect: While many political figures support making it easier for foreign scientists to immigrate to the U.S., the 2013 sequestration budget cuts are reducing research funding. As a result some scientists already in the U.S. are considering emigrating to find support for their work in other countries.

scientists-closing-up-shop-packing-to-move-380x200

Sixteen professional research societies polled more than 3,700 researchers in June and July (2013) and found that:

  • 91% of respondents were from academia
  • 63% had received federal grants within the past three years
  • 81% of respondents were principal investigators and 9% were postdoctoral scholars
  • Nine states had more than 100 respondents: New York, California, Pennsylvania, Massachusetts, Maryland, Texas, Ohio, Illinois and Tennessee
  • 18% are considering moving outside the U.S. to pursue their careers
  • 85% believe the U.S. has allowed the rest of the world to catch with or surpass the U.S. in scientific research
  • 65% of respondents have had difficulty in obtaining research funding
  • 46% have laid off scientist associates or expect to soon
  • 55% of respondents know someone who has lost a job or expects to soon

The poll covered scientists working in nondefense discretionary science.  According to Andrew Austin of the Congressional Research Service, the total nondefense discretionary spending (including other categories in addition to science) has amounted to 3-4% of GDP

The current difficulties actually are not new. Sequestration has merely accelerated a trend that has been underway for a decade.

US-Federal-R&D-Expenditures-since-2002

The U.S. is alone among major economic nations in cutting research.

research-changes-since2011-global

The decline in federal research funding may have serious affects. Benjamin Corb, public affairs director for ASBMB (The American Society for Biochemistry and Molecular Biology) said:

“The data shows that deep cuts to federal investments in research are tearing at the fabric of the nation’s scientific enterprise and have a minimal impact on overcoming our national debt and deficit problems.”

The U.S. has supported the training of thousands of scientists over recent decades and that investment may be wasted. A postdoctoral scholar from the University of Minnesota said:

“I am amongst a growing list of scientists that the federal government has spent $200,000 to $400,000 to educate and train since the early 1990s. The expectation was that we would have the opportunity to show U.S. taxpayers a return on their investment by becoming (science, technology, engineering and mathematics) leaders and innovators far into the middle of the 21st century. Unfortunately, the current funding climate presents the real possibility that the taxpayers may witness a significant loss in their investment.”

Under current law nondefense discretionary expenditures are on track to reach historic lows over the next decade.

discretionary-spending-outlook

A Financial Times article provided some additional perspective on the cuts:

Over the next three years alone, sequestration-induced R&D cuts would result in the projected loss of 600,000 jobs. What that figure does not capture is the number of brilliant young scientists and engineers who, stymied by lack of funding, would walk away from research. We would lose a generation of transformational ideas.

Were the US to commit to investing the same share of its GDP in R&D as it did in the 1980s, we would not be talking about cuts, but instead about increasing the annual R&D budget by $110bn. The US now ranks eighth among OECD countries in R&D as a share of GDP.

John Lounsbury

Sources:

  • Nondefense Discretionary Science: 2013 Survey (The American Society for Biochemistry and Molecular Biology, 29 August 2013)
  • Survey shows faltering federal investment in science threatens American research (Press release, The American Society for Biochemistry and Molecular Biology, 29 August 2013)
  • Trends in Discretionary Spending (D. Andrew Austin, Congressional Research Office, 30 May 2013)
  • Budget Cuts Set Funding Path to Historic Lows (Michael Linden, Center for American Progress, 29 January 2013)
  • Science must be spared Washington’s axe (Rafael Reif and Craig Barrett, Financial Times, 25 February 2013)
Previous Post

Investing.com: Technical Analysis 29 August 2013

Next Post

August Market Update

Related Posts

Bitcoin Is Finally Trading Perfectly Like 'Digital Gold'
Economics

Bitcoin Is Finally Trading Perfectly Like ‘Digital Gold’

by admin
Namibia Will Regulate And Not Ban Crypto With New Law
Finance

Namibia Will Regulate And Not Ban Crypto With New Law

by admin
6,746 ETH Valued At $12M Was Just Burned
Economics

6,746 ETH Valued At $12M Was Just Burned

by admin
Bitcoin Is Steady Above $29,000 Awaiting US NFP Figures
Economics

Bitcoin: What Next After Consolidation Ends?

by admin
US Government Offloads Another 8,200 Bitcoin – On-chain Data
Economics

US Government Offloads Another 8,200 Bitcoin – On-chain Data

by admin
Next Post

August Market Update

답글 남기기 응답 취소

이메일 주소는 공개되지 않습니다. 필수 필드는 *로 표시됩니다

Browse by Category

  • Business
  • Econ Intersect News
  • Economics
  • Finance
  • Politics
  • Uncategorized

Browse by Tags

adoption altcoins bank banking banks Binance Bitcoin Bitcoin market blockchain BTC BTC price business China crypto crypto adoption cryptocurrency crypto exchange crypto market crypto regulation decentralized finance DeFi Elon Musk ETH Ethereum Europe Federal Reserve finance FTX inflation investment market analysis Metaverse NFT nonfungible tokens oil market price analysis recession regulation Russia stock market technology Tesla the UK the US Twitter

Categories

  • Business
  • Econ Intersect News
  • Economics
  • Finance
  • Politics
  • Uncategorized

© Copyright 2024 EconIntersect

No Result
View All Result
  • 토토사이트
    • 카지노사이트
    • 도박사이트
    • 룰렛 사이트
    • 라이브카지노
    • 바카라사이트
    • 안전카지노
  • 경제
  • 파이낸스
  • 정치
  • 투자

© Copyright 2024 EconIntersect