Mr. Steinglass considers the continuing budget resolution passed by the House that will cut NIH funding by 2%, and he then cascades with evidence the short-sightedness of cutting NIH, as well as, pointing out its value to our economy.
Mr. Steinglass's larger point, and a point you hear all over the place these days is this: it's quaint to cut non-defense discretionary spending. You seem serious about getting the budget in order, but you actually aren't serious. Getting serious is dealing with entitlements. So while you set medical research back by a couple decades, you do nothing to deal with the federal deficit. Rest assured, when the ax falls, plenty of politicians will pat themselves on the back for being responsible fiscal stewards.