Earlier quoted context omitted.
Ah yes, “collateral damage”. What a wonderful phrase that came into prominence to euphemise the killing of hundreds of thousands to millions of innocent Afghans and Iraqis. I believe your use of it here is equally appropriate considering what you’re suggesting. I’m guessing none of you our your loved ones will be affected by that “collateral damage”.
Trump's tariffs if (when) enacted will adversely affect our family business, as will some of his other policies which I won't get into because of confidentiality. I still voted for him. Why? Because his policies are things the people have demanded for a very long time and they are things we need to do sooner or later for the better future of our country. Even Musk admitted this will be painful in the short and possib…
NIH slashes overhead payments for research
21–30 of 78 posts
Re: NIH slashes overhead payments for research
#22This is 0.25% of the national deficit by cutting indirect expenses from 30%+ to 15%. When the country is $1,830,000,000,000 further in debt every year, universities will simply have to figure it out. I suggest cutting their bloated administrations, to free up tuition and endowment funds for their actual purpose.
The federal budget (save DOD and entitlements) is stuff like this.
Saying “oh well, it’s just 0.25%” is the reason why nobody can tackle the deficit.
Do this 100x and you’ve suddenly reduced the deficit by 25%.
Re: NIH slashes overhead payments for research
#23Earlier quoted context omitted.
The key issue is we're not getting audits, we're only getting indiscriminate cuts . I understand the concerns around using funds effectively, and I agree there's a lot of waste out there, but some of that is just required in the research space to learn. If we knew what to fund to do something, it's no longer research, it's engineering. Overhaul the grant system to ensure that there's additional scrutiny in getting fu…
They’re not “burning it all down”, they’re cutting indirect expenses from 30%+ to 15% — and administrators who were grifting are whining because their slush funds got cut.
Re: NIH slashes overhead payments for research
#24This detail is worth highlighting. NIH has traditionally borne the bulk of indirect costs, allowing non-profits to issue grants with low indirect costs. Slashing NIH’s indirect costs will force research institutions to seek funds elsewhere or become financially unviable.
Re: NIH slashes overhead payments for research
#25Earlier quoted context omitted.
Trump's tariffs if (when) enacted will adversely affect our family business, as will some of his other policies which I won't get into because of confidentiality. I still voted for him. Why? Because his policies are things the people have demanded for a very long time and they are things we need to do sooner or later for the better future of our country. Even Musk admitted this will be painful in the short and possib…
I demanded he be in jail but somehow you voted for a convicted felon over a prosecutor.
Re: NIH slashes overhead payments for research
#26A $8M grant doesn’t cost a university any more than a $1M grant for university admin in terms of “indirect costs”. The fact that they think they’re entitled to several million of it to waste on things that shouldn’t be coming from taxpayer funded NIH grant money is obscene.
Re: NIH slashes overhead payments for research
#27> Many who advocate for cutting NIH’s indirect cost rate have long argued that universities are willing to accept lower rates from philanthropic foundations. Today’s NIH notice, for example, notes the Gates Foundation limits indirect costs to 10%, while the Packard Foundation sets the ceiling at 15%. But such reasoning is based on “perverse logic,” Corey says, because foundations use their funds to increase the produ…
Re: NIH slashes overhead payments for research
#28Earlier quoted context omitted.
Trump's tariffs if (when) enacted will adversely affect our family business, as will some of his other policies which I won't get into because of confidentiality. I still voted for him. Why? Because his policies are things the people have demanded for a very long time and they are things we need to do sooner or later for the better future of our country. Even Musk admitted this will be painful in the short and possib…
I demanded he be in jail but somehow you voted for a convicted felon over a prosecutor.
Re: NIH slashes overhead payments for research
#29Re: NIH slashes overhead payments for research
#30Earlier quoted context omitted.
Trump's tariffs if (when) enacted will adversely affect our family business, as will some of his other policies which I won't get into because of confidentiality. I still voted for him. Why? Because his policies are things the people have demanded for a very long time and they are things we need to do sooner or later for the better future of our country. Even Musk admitted this will be painful in the short and possib…
I think it's optimistic to think they'll be better off in the long term, personally. Other countries are ready to jump in as soon as the US appears deficient at something, even if it is a temporary deficiency. If the US ends up temporarily behind in AI research due to this, for example, it's unlikely they catch back up IMO. If you get behind, everybody is just going to start looking at whoever is ahead and the rich w…