Re: modern science = underfunded projects

drocillo wrote:
Straydog wrote:

On Sat, 25 Feb 2006, Old Pif wrote:


That is why R&D is so bloody expensive in this country. But I don't
think outsourcing will change anything in the long run if they don't
change the way they do it. Lion share of money for outsourcing goes to
all kind of middlemen. Scientists and engineers in India will be
getting peanuts. It is for sure. But it is not gonna cost less at this
end if they continue to feed all this bureaucratic pyramid.

No argument with you on any of that. At some point in the future, that
easy money for the overlings will start drying up. At that point, panic
may set in. What that will look like and who will get hurt the most is
open for speculation.


It is clear to me who is gonna get hurt -- it is those people who can
afford it least. They are lower class and lower-middle class. Finance
machinations lead to the economy going into crisis. The government
collects less in taxes. This means that the government has to cut the
programs of assistance to the poor. The jobs are cut, too.

However, going into the economical crisis is good for science. The
upper class and CEOs get their access to easy money cut. No more
opportunities to get a cut by simply transferring money from one pocket
to another. Money can be earned only through the development of
innovative products. Scientists and engineers who have the real skills
suddenly become needed. The life will be good for scientists... if they
can survive the preceeding crunch. Many won't.

To borrow a line from the movie adaptation of Tom Wolfe's book "The Right Stuff", "No bucks, no Buck Rogers."

Unfortunately, though, there are many investors who figure that innovation can be done on a fixed schedule. I used to work for a company that was financed by such people and it nearly went belly up.


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