DOGE says they are saving 4 billion, but... ➡️ Every dollar in NIH research grants generates $2.46 in economic activity ($93 billion in 2023!) ➡️ The $1.7 trillion US biotech industry depends on public-funded science ➡️ Both of those fund a $57 billion US market for scientific tools and equipment - ThreadSky

hencarnell.bsky.social • 5 days ago

DOGE says they are saving 4 billion, but...

➡️ Every dollar in NIH research grants generates $2.46 in economic activity ($93 billion in 2023!)
➡️ The $1.7 trillion US biotech industry depends on public-funded science
➡️ Both of those fund a $57 billion US market for scientific tools and equipment

Comments

bsattva.bsky.social•5 days ago

They also say wolverines make good house pets

blazer5.bsky.social•5 days ago

You cannot fix STUPID! And no MAGA person seems to understand basic economics. I believe everyone wants efficiency in use of public funds, but turning an egotistical bull loose in a china shop is not going to work out very well!

2025muffin.bsky.social•5 days ago

It's funny to look at Musk. He is a multi billionaire. His money most of it has come to him as a result of federal contracts and subsidized for him.

the-dude00.bsky.social•5 days ago

DOGE has produced not a whiff of evidence

snapthejapanese.bsky.social•5 days ago

it's ALMOST as if this admin (the two impetuous children running it) have ZERO forethought to any of their decisions and are only pushing through their agenda, regardless of consequence.

lawlesssouls.bsky.social•5 days ago

In addition to killing Americans, Trump will kill the economy. Just like he did last time, although this time we will see the largest transfer of wealth in American history to the top 1%.

firsk.bsky.social•5 days ago

An old guy I worked with years ago call this style of management "Stepping over $100 bills to pick up nickels."

pollirider.bsky.social•5 days ago

They are lying about everything.

tyoder.bsky.social•5 days ago

someone need to write up a deep-dive of the Keynesian multiplier effect of the Executive Branch and the impact on the broader economy

permanentmajority.bsky.social•5 days ago

queenofthewoodland.bsky.social•5 days ago

This is not about efficiency, it's not about saving money... we know what it is: racism, putting women "in their place," erasing the disabled, bigotry, hatred.

dominiondem.bsky.social•5 days ago

The foundation for any wealth creation in America or any nation is government. Without the extensive infrastructure government create, there would no millionaires or billionaires, but a weak economy. Infrastructure is research dollars, education, roads/bridges/ports, judicial system, regulations!

kdjs-1.bsky.social•5 days ago

Where’s that money going?
These are funds already appropriated by Congress - correct?

marlajuliette.bsky.social•5 days ago

lucky-lew.bsky.social•5 days ago

Yet no receipts of any kind!

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