In an opinion piece in the New York Times, Rice University physics professor (and former director of the National Science Foundation) Neal Lane emphasizes the importance of investments in basic scientific research for future economic growth.
If our country is to remain strong and prosperous and a land of rewarding jobs, we need to understand this basic investment principle in America’s future: no science, no growth.
Mitt Romney’s preference for private sector research and his willingness to reduce government investments in basic science may jeopardize this important incubator of long-term economic growth. The sad reality is that bipartisan support for science can no longer be assumed. Elections matter, and myopic schemes to enrich a few business interests will come at a steep price in terms of national competitiveness. Not surprising, though, from a candidate whose business experience seems focused on short-term gains without regard to long-term consequences.