Reply to NIH Budget Cuts

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[quote=Anonymous][quote=Anonymous][quote]NIH doubled the budget in late 1990-s. It has marginally helped the biomedical Ph.D employment for a few years, then it became a lot worse once the increases stopped. 
Why would it differ this time? Doing the same thing and expecting a different result is the definition of insanity as we know. [/quote]

Not continuing to grow the budget caused a lot of issues for biomedical science employment once the increases stopped.  However, what the new budget proposes is much worse.  It's not slowing down the rate of budget growth or even freezing it (which already causes problems), it's cutting the budget.[/quote]

The single best thing for LONG-TERM employment prospects in biomedical scientists would be ABOLISHING NIH altogether (or at least any expenditures toward student and postdoc funding).
That would eliminate the external non-market funding for training hordes of students and postdocs (mostly from abroad) and the only training would be based on real market demand. 
As is now the case with MDs, RNs and other medical specialties, JDs, and business Ph.Ds that all enjoy excellent career prospects with much demand and great salaries.
Of course, those already "trained" and looking for a job would be screwed. But that is the ONLY way to bring the system to stable equilibrium.
The other way is to increase funding by ~20% annually in perpetuity, so that most trained can find a permanent job. That is how the system worked well from 1940-s to 1970-s, 
but that obviously can't continued indefinitely and did not.
ABOLISH NIH!
  [/quote]

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