The National Science Foundation Is Being Dismantled. What The Economy Needs Is More Investment

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The National Science Foundation Is Being Dismantled. What The Economy Needs Is More Investment

//science-technology.news-articles.net/content/2 .. d-what-the-economy-needs-is-more-investment.html

Published in Science and Technology on Friday, May 9th 2025 at 8:02 GMT by Forbes

The economic consequences of restricting scientific inquiry on this scale could be far-reaching.

The article by John Drake on Forbes, dated May 9, 2025, discusses the dismantling of the National Science Foundation (NSF) and its potential negative impacts on the U.S. economy. The NSF, a key federal agency funding scientific research, is facing budget cuts and restructuring, which the author argues could stifle innovation and economic growth. Drake emphasizes that instead of dismantling the NSF, the economy needs more investment in scientific research to maintain competitiveness, foster technological advancements, and support job creation. He highlights the importance of sustained funding for basic and applied research, warning that the current trajectory could lead to a decline in America's scientific leadership and economic prosperity.

Read the Full Forbes Article at:
[ https://www.forbes.com/sites/johndrake/2025/05/09/the-national-science-foundation-is-being-dismantled-what-the-economy-needs-is-more-investment/ ]

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