Amanda Schaffer has a piece up on Slate subtitled "The biomedical research community goes bananas for $200 million in stimulus funding".
I dunno. It just comes across as kinda negative to me.
the lure of stimulus funding has aroused such a carnival-esque atmosphere that many biomedical scientists have ceased doing much actual research....The grant-writing mania is palpable across academic and medical institutions....lottery mentality has been especially acute ...Most of the half-dozen researchers I spoke with declined to talk on the record, for fear of jeopardizing their applications....This has involved a lot of all-nighters and an "almost comedic reshaping of what people do,"...The strict two-year limit is just "throwing money at a bunch of unsustainable new things," a genetics researcher told me.
It's not too bad, gets things mostly right. Oh, just go read the thing and comment, eh?
Discl: I was interviewed by Schaffer for this.