When the Trump administration ended funding for seven Australian universities, the schools down under panicked and urged the prime minister to hold an emergency meeting to figure out how they would stay funded.
It might not surprise you to know that your tax dollars are funding research in foreign universities. However, you might be surprised by just how much American funds are used to finance universities around the world, even in supposedly developed nations.
The cut in funding could leave a $600 million hole in the efforts of Australian researchers, with the U.S. being the largest research partner of Australia.
$600 million!
How does that compare to what Australia spends on its own research universities?
Australia spent $3.6 billion ($2.6 billion U.S.) on research grants in 2022.
In other words, we're funding almost a quarter of all research done in Australian universities.
Meanwhile, Australia's public debt to GDP ratio is 49%, and America's is 121.9%.
Why are we making a first-world nation richer while we drown in debt?
The madness must end!
And thanks to President Trump's policies on gender and China, it is.
According to reports, the Trump administration ended grants for Australian schools that were also funded by China and recognized more than two genders.
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