FY 2001 Observations (preliminary)
1. FS&T budget dropped significantly in early 1990s and has only recovered in past two years.
2. During the 1990s, the only big winner has been NIH (biomedical sciences); NSF has held its own; everybody else has lost (with DoD losing big time).
3. A serious imbalance has developed in federal funding among the physical sciences, engineering, social sciences, and life sciences.
4. The federal governmentís share of R&D has fallen far behind industry and no longer may be sufficient to sustain future economic growth of a technology-driven economy.