So many brilliant researchers in the US are funded by NSF grants. Even beyond public research, just the private sector benefits just from the training (and associated freedom from not having to chase money and TA) that NSF fellows get is immense. Injecting dumb politics and refusing grants just because people put the words "biases" in their application is a great way to appeal to Republicans's undereducated voters (s…
Of course, they forget what came after the gilded age. It's raining stockbrokers - err, oligarchs!