For Cars or Cures?
December 9, 2008 by Ryan Ward
Food for Thought… what if we invested $40 billion into scientific research!?
The US and Canadian automotive sectors are lobbying their governments for $34 billion (US), and $6 billion (CAN) respectively. 40 BILLION dollars all tolled!! And it’s looking like they’re going to get it.
Did you know that the yearly budget for the National Institute for Health (NIH) is $28 billion? Did you know that this amount of money supports “325,000 researchers at over 3,000 universities, medical schools, and other research institutions in every state and around the world”? The predicament in Canada is even more staggering! The total expenditures of the Canadian Institute for Health Research (CIHR) for 2007-08 were less than $1billion: SIX-TIMES LESS than the must-have-to-survive package the Canadian automakers are begging for!
Imagine, for a moment, instead of investing in the automotive sector, who admitted recently that they’ve done a pretty terrible job over the past decade producing cars we might actually want to buy, that we invested the same amount into scientific research. What might be the result of such a seemingly impossible investment?
First of all, more groundbreaking research would be funded! Academic scientists get the majority of their operating funds through government funded grants (like those from the NIH and CIHR). Scientists compete for funding by sending written proposals to scientific grant panels, but sadly, the success rate in funding competitions is dismally low: less than 25 per cent of applications get funded, a percentage based on the amount of money available to the granting agencies in any given year. To put this in perspective, in 2007 the NIH accepted 64,215 applications but funded only 15,669 grants! That means that close to 50,000 applications from the best scientists within US and around the world went unfunded. 50,000 applications! How many of these applications might lead to big breakthrough discoveries for the treatment of cancer, heart & stroke disease, AIDS, [add your disease of interest here]?
Secondly, more funding would mean more opportunities for young scientists to pursue new and exciting ideas. It’s a sad reality that for every 10 PhDs that graduate there’s only one scientist job at universities and research institutes. Where do the other nine PhDs go? Industry, business, marketing, you name it: but smart, talented and highly trained young investigators leave the world of research so they can pay their bills. More funding allocated to granting agencies means more support and opportunity for young and promising scientists.
Lastly, there’s a lost opportunity by not investing in basic research. Discoveries made today can impact our lives sooner than those made tomorrow. And, discoveries that improve disease outcomes make ALL our lives better. Perhaps an outrageous question, but how many people who have lost loved-ones to some terrible disease wish for better cars, versus better treatments and cures? Not many I would guess.
So, food for thought, which would you prefer: Investing in cars or cures?
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