One of the allures of academia is the prospect of doing fundamental research
It's also a false allure: the problem is that fundamental research requires funding, and the OP is pointing out that he can't get it. He'll be in essence locked out of research and not make a lot of money at it.
This is like saying, "One of the allures of acting is the prospect of being famous and sleeping with lots of fans." On the one hand it's true; on the other, it's very unlikely.
It's also a false allure: the problem is that fundamental research requires funding, and the OP is pointing out that he can't get it. He'll be in essence locked out of research and not make a lot of money at it.
This is like saying, "One of the allures of acting is the prospect of being famous and sleeping with lots of fans." On the one hand it's true; on the other, it's very unlikely.