I would not suggest that there should be cuts in the other areas, but I think it's important to increase money through this envelope, primarily because it is money that can go to operational spending. The importance of that is that when a university is essentially forced to go down a particular path because there's an envelope of money for that, say for research or building research infrastructure, etc., that limits the kinds of diverse education we can have.
On September 16th, 2009. See this statement in context.