The National Science Foundation (for good reasons) will not fund more than a month or two of a Principal Investigator's annual salary. They'll fund many other types of position, but not that one.
Our University (for good reasons) is reticent to hire into faculty positions, where the state/university would fund a PI's salary. Furthermore, any research professors must fund themselves through grants.
NSF is the only serious game in town for our grant funding.
Even though we have the country's best infrastructure for these experiments, are leaders in our field, can attract grants, and have done so since 1987, we haven't been institutionally capable of retaining promising early/mid-career researchers since ~1999.
The big losers in this situation are the country's experimental capability and science in general. We easily have at least another decade's advances ahead of us. The issue isn't really one of total amounts of funding, but rather whether we are allowed to invest in retaining skilled and knowledgeable leadership.
1999 was roughly the last time we made a faculty hire into our group.
My understanding is that NSF doesn't want PI salaries to be dependent upon grants -- that way, your job isn't (directly) on the line for a specific line of research. It removes at least a little bit of bias toward proposing research just to stay funded.
Moreover, the policy is an incentive for universities to hire faculty, which is generally good for research/teaching.
The hard thing, from the university's perspective, is that a faculty hire is, assuming tenure, very expensive. There is generally a ~$0.5-1M laboratory-startup package, plus a commitment of a professor's salary until ~2055. For this reason, our Department is generally allotted ~1 faculty hire/year. Only exceptional events, like the appearance of a huge and sustained source of money or winning the Nobel Prize (UW Physics: 1989 and 2016) will permit extra hires in targeted fields.
Furthermore, because faculty hires are so rare and each professor gets a vote, each hire has an impact on internal politics. Our department is comparatively friendly, but faculty-hire slots are the most precious commodity in any department.
All of this is to say that it is difficult to find a path that, in this case, would help to retain knowledge and talent in our group. The meeting of the minds that needs to happen is between national funding policy and the status quo among most universities. It is so far above my pay-grade that I've not yet found a reasonable angle from which to attempt to solve the problem.
Our University (for good reasons) is reticent to hire into faculty positions, where the state/university would fund a PI's salary. Furthermore, any research professors must fund themselves through grants.
NSF is the only serious game in town for our grant funding.
Even though we have the country's best infrastructure for these experiments, are leaders in our field, can attract grants, and have done so since 1987, we haven't been institutionally capable of retaining promising early/mid-career researchers since ~1999.
The big losers in this situation are the country's experimental capability and science in general. We easily have at least another decade's advances ahead of us. The issue isn't really one of total amounts of funding, but rather whether we are allowed to invest in retaining skilled and knowledgeable leadership.