Spam Journalism #34
Spam Journalism: The spurious use of sensational headlines to add spice to an otherwise pointless article. (MacDoctor definition)
Congratulations on the Dominion Post for getting two Spam Journalism awards in a row on the same day.
Nats set to cut science budget
“National is set to slash funding for agriculture and food research, dumping Labour’s $700 million Fast Forward fund in favour of a scheme worth $30m a year.
“But researchers are concerned even the pared-back funding could be in jeopardy, as recession-hit firms struggle to find the cash required to match the Government’s contribution.”
This is spam on so many levels, not in the least that the headline could read “Labour set to cut science budget” if Labour had won in November. The Fast forward fund was $700 million over 10-15 years, not annually. Over 15 years this translates to a mere $46.6 million a year on average. Since the fund would have been adjusted to account for inflation, the first payments would have been smaller (to make the last, larger). I lack the math to work it out, but I’m betting it won’t be a whole heap more than National’s $30 million.
This is only the funding for agricultural research, of course. National has already indicated that it plans to increase funding for other scientific research. We will have to wait and see what Bill has in the budget.
It is that second line that elevates this to truly stupid spam. Contrast it with this:
“Labour had planned to inject $700m into the Fast Forward fund over 10 to 15 years, with matching contributions from the private sector.”
The Fast Forward fund would be in exactly the same boat, except that National’s funding is not tied to the contribution of the business. This means that firms that are cash-strapped in the recession could get worthwhile research either fully, or near-fully funded. In other words the second line is utter and complete nonsense. Well done, Vernon Small.
But the best bit is Labour Party research spokeswoman Moana Mackey’s comment:
““In a time of recession we should invest more.” ”
Sure, Moana. That would be why all the agri-research units are cutting their departments to the bone, wouldn’t it?
In a time of recession you cut costs, Moana. The only research you fund is the stuff that will have immediate benefits (you know, the stuff National is keen to fund) – otherwise you go belly up and bankrupt.
Pretty much like the state under the last government, really.
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- NACT: Going backwards for politics at The Standard — [...] an aside, the most stupid statement I’ve seen for a while comes from MacDoctor. It shows a fundamental misunderstanding ...
May 20 09 9:13 pm
National’s pre-election plans were to actually increase the total spend on science.
Whats missing in all this is a discussion on what the Nats intended. This was to put more money into Govt science institutions which, by general agreement have become too focused on contestable research to the disadvantage of blue sky/long range work.
I can certainly empathise with that.. we didn’t build our world leading institutions in farming and forestry by forcing them to contest for money to find quick fix solutions that the guy on the ground can do with innovation and financial motivation.
JC
May 21 09 9:01 pm
Actually, the Dompost is wrong. The Fast Forward money was not “to be injected over 10-15 years”, it was all handed over in one go to a special crown entity last October. It was accruing interest, which would have seen it grow, with industry funding as well, to $2 billion over the 10-15 years. That’s why Labour was giving more to pastoral agricultural and food production research and development than National will be with their $30m…
May 21 09 10:51 pm
Actually, Cathy, I think you will find the fund was planning on injecting the capital slowly while accruing interest. This is exactly why National canned it. $700 million dollars removed from the economy, earning minimal interest is not something that should be undertaken in a recession. The entire idea only illustrates how out of touch Cullen was with the realities of a deteriorating economy.