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A new article reveals that large corporations are investing less in science. From 1980 to 2006, publications by company scientists have declined in a range of industries. The result holds across a range of industries.
Investigators also found that the value attributed to scientific research has dropped, whereas the value attributed to technical knowledge (as measured by patents) has remained stable. Companies appear to be focusing more on developing existing knowledge and commercializing it, rather than on creating new knowledge through basic research.
https://www.sciencedaily.com/releases/2017/11/171127124929.htm
[Abstract]: The decline of science in corporate R&D
Remembering AT&T Bell Labs, IBM Labs, Xerox PARC, HP Labs, TI, etc. In the current political and economic situation, do you think companies in USA have the will and means to reverse this decline?
(Score: 1) by khallow on Thursday November 30 2017, @05:26PM
But it's not the end of the world here even should this particular proposal end up in law. This grad student, for example, can move to a region with lower tuition and living costs. The school can drop the amount of tuition it charges or pay the extra $12k or so to keep him (~40k tuition). Or the grad student author can move out of a way over-saturated field and get a real job. We need to remember that there is a huge oversupply of PhD graduate students in most subjects, including history [princeton.edu]. Or he can pay the extra $10k or so out of his salary (which is already $30k).
His situation isn't most graduate students' situations who have far lower wages and tuition to deal with. I know when I was in grad school at UC Davis last decade, I had a salary of roughly $20k and tuition costs around $12k. Taxes would have been around $2-3k (depending on at what point I hit the 25% tax bracket). It wouldn't have been pleasant, but I could afford the tax payment.
Personally, I don't see the point of cutting taxes when one isn't cutting entitlement benefits, subsidies, or military spending which make up about three quarters of what the US currently spends.