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The Texas Reporter > Blog > Business > Trump is killing the goose that laid America’s golden eggs
Business

Trump is killing the goose that laid America’s golden eggs

Editorial Board
Editorial Board Published May 23, 2025
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Trump is killing the goose that laid America’s golden eggs
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There’s little doubt that bloated authorities bureaucracies want pruning—like an overgrown forest choking off mild and life beneath. Universities, too, have typically misplaced their manner, nurturing ideological extremes and tolerating open defiance of civil norms. Harvard and different elite establishments have enabled left-wing extremism, together with help for Hamas and a disturbing rise in antisemitism. Free speech has suffered, and accountability has waned. These establishments have to be held to U.S. legal guidelines and moral requirements.

However President Trump’s response—slashing analysis funding and focusing on worldwide college students—isn’t pruning. It’s setting fireplace to your complete forest. And within the course of, he’s threatening the very roots of America’s scientific management, financial prosperity, and international affect.

The worldwide competitiveness of the USA has all the time relied on its universities—on their openness to expertise and their dedication to analysis. From the microchip to the biotech revolution, most of the improvements that outlined trendy America have been born in tutorial labs. They have been powered by sensible minds drawn from around the globe and sustained by public funding. The web (UCLA), Google’s search algorithm (Stanford), GPS (MIT), and mRNA vaccines (UPenn) all originated in U.S. universities. So did breakthroughs in clear vitality, synthetic intelligence, and most cancers remedies—like CRISPR gene-editing and immunotherapies. Now, as a consequence of Trump’s actions, even life-saving most cancers analysis is being halted midstream as federal grants are frozen and labs shut down.

Harvard College, lengthy thought of a beacon for worldwide students, has had its authority to enroll overseas college students revoked. Over $2.7 billion in federal analysis funding has been frozen. MIT has introduced cuts to graduate admissions and layoffs of analysis workers. The College of California system is engaged in lawsuits to cease NIH grant reductions. All of this can considerably hurt American scientific progress.

The casualties should not simply tutorial departments—they embrace most cancers trials, local weather analysis, vaccine improvement, and nationwide safety initiatives in quantum computing and cybersecurity. Tons of of labs throughout the nation are reporting frozen budgets, canceled contracts, and the departure of high expertise. Establishments like Johns Hopkins, Stanford, and the College of Michigan have warned that important federally funded analysis in public well being, superior manufacturing, and clear vitality is now in danger.

Though a federal choose has briefly blocked the administration’s try and strip Harvard of its authority to enroll worldwide college students, the harm is already carried out. The authorized reprieve doesn’t undo the chilling impact on international expertise or the disruption to analysis applications already underway. The uncertainty alone has weakened America’s standing as the worldwide vacation spot for cutting-edge innovation.

This decline is particularly tragic given the historic accomplishments of American analysis establishments. Public investments in college science have given us not simply medical miracles and digital revolutions, however total industries. NIH and NSF funding helped spawn biotech, clean-tech, and nanotech. DARPA grants gave us GPS and the early web. These are the roots of the U.S. innovation financial system. Undermining them is like ripping out the muse of a skyscraper mid-construction.

And it’s not simply the analysis funding that’s underneath assault—it’s the individuals who convey that analysis to life. For many years, the USA loved the best free lunch within the historical past of training and entrepreneurship: the neatest college students from India, China, and throughout the globe got here to check right here. They didn’t simply be taught. They stayed. They constructed firms. They created jobs.

Immigrants have performed a starring function in practically each American success story of the previous half-century. Greater than half of Silicon Valley’s startups have been based by immigrants. A 2022 report from the Nationwide Basis for American Coverage discovered that 55% of America’s unicorn startups—these valued at over $1 billion—have been began by immigrants. That checklist consists of firms like Tesla, Google, Intel, PayPal, Moderna, and Zoom.

In science and drugs, the sample is similar. International-born researchers are disproportionately represented amongst Nobel Prize winners within the U.S., amongst college at main universities, and among the many inventors behind patents filed by high American establishments. Greater than 75% of patents from U.S. analysis universities checklist not less than one foreign-born inventor.

And but, the Trump administration has gone out of its technique to block these very contributors. Through the pandemic, it tried to revoke the visas of worldwide college students attending on-line lessons. Visa processing delays have turn into routine. Extremely expert immigrants, together with PhDs and postdocs, now face lengthy waits, opaque guidelines, and rising uncertainty. The end result? A slow-moving mind drain has turn into a stampede. Gifted researchers are heading to Europe, Canada, and Australia as an alternative.

I warned of this situation in my guide The Immigrant Exodus greater than a decade in the past. On the time, it was a cautionary story. In the present day, it’s an unfolding actuality. We’re witnessing a deliberate dismantling of the U.S. innovation ecosystem—one visa and one analysis grant at a time.

To be clear, not all criticism of universities is unwarranted. There may be bloat. There may be waste. And a few establishments have did not uphold the rules of educational neutrality. However that doesn’t justify blind destruction. There’s a distinction between pruning a tree and torching the orchard.

Even from a purely financial perspective, these insurance policies are indefensible. Worldwide college students alone contribute over $40 billion yearly to the U.S. financial system. They pay full tuition. They lease housing. They spend of their native communities. Many go on to turn into entrepreneurs, taxpayers, and job creators. In the meantime, analysis funding helps a whole bunch of 1000’s of jobs in each state. It powers startups, anchors regional economies, and drives the industries of tomorrow. Weakening that basis doesn’t simply hurt universities—it weakens America.

The merciless irony is that these insurance policies will harm the very individuals Trump claims to defend: working Individuals. When universities lose analysis grants, they reduce college and workers. When worldwide college students go elsewhere, native companies—from espresso retailers to residence complexes—take the hit. When breakthroughs are delayed or misplaced, America loses its aggressive edge—and the roles and industries that observe.

China doesn’t must outspend America to win the innovation race. It solely wants to observe the USA unravel its personal lead. And that’s precisely what’s occurring.

Nonetheless, I haven’t misplaced hope.

The US has stumbled earlier than—and corrected course. The backlash to those insurance policies is rising. Universities are preventing again. Enterprise leaders are talking out. Courts are stepping in. My hope is that that is simply one other Trumpian overreach—damaging, sure, however finally reversible.

America’s power has all the time come from its openness: to new individuals, to daring concepts, and to funding sooner or later. It was immigrants and analysis grants that constructed the web, cured illness, and launched the industries that energy our financial system at present. If we do not forget that—and act on it—this received’t be the start of America’s decline, however a painful detour on the highway to renewal.

The opinions expressed in Fortune.com commentary items are solely the views of their authors and don’t essentially mirror the opinions and beliefs of Fortune.

This story was initially featured on Fortune.com

TAGGED:AmericasEggsGoldenGoosekillingLaidTrump
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