random information since I happen to be looking at it today: I've been a professor since 2003 and during that time I've had 8 grants funded by NSF, and had 16 proposals declined by them
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To be really depressed think how much time you spent writing papers, shortening them to fit 12 pages, negative vertical spacing (we all love this one), reviewing, resubmitting, etc. If we could only write the papers that mattered, and only once, when we were really excited ...
ideally we use the Felleisen system under which, if I recall correctly, we are all hired as full professors. when you publish a paper you are demoted to associate prof. next time, you are demoted to assistant prof. if you publish a third paper you lose your job.
