But one severe impact of the automatic spending cuts will only be felt years -- or even decades -- in the future, when the nation begins to feel the loss of important new scientific ideas that now will not be explored, and of brilliant young scientists who now will take their talents overseas or perhaps even abandon research entirely. Less than one percent of the federal budget goes to fund basic science research -- $30.2 billion out of the total of $3.8 trillion President Obama requested in fiscal year 2012. By slashing that fraction even further, the government will achieve...
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Yawn ... cutting science funding isn't newsworthy.
And then again, why don't some of those directors at National Labs, quit their jobs and hand their headcount plus pay over to hiring more scientists instead of adding meager postdocs.
With all the money most institutions that benefit the most from scientific break through, at tax payers expense, I think they can afford it. Let's face it, these companies aren't exactly humanitarians, trying to save the world, so lets get real. They are billion dollar industries, that sell what we(us tax payers) paid for research and development for. And as for missing out on cell phones so small you swallow it, due to possible future research, well do we really need it that bad?
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