Neal Nurmi wrote:
Kyleb wrote:
I liken the space program to my finances. I put away money in 401k's and other investments which I don't expect will pay off imediately. I could get instant gratification by using that money to go on vacation, to update the panel in my airplane, or to buy baubles for my wife. But I think it is more important to invest for the future.
What you and the government are missing, though, is that investing assumes you have something to invest. The problem now, I think, is that the U. S. (and Europe etc.) is effectively bankrupt. Any money to be invested must be borrowed and we've run up our credit card balances so far at this point that we are resorting to just printing money to cover expenditures. We have a problem here...
Eliminating the space program isn't going to fix the US budget or even help at a noticable level. In the big picture, the NASA's budget is more or less insignificant in the overall budget picture.
The 2008 US budget was $2.9 trillion. 2008 spending on entitlements were $1.4 trillion of the $2.9. Debt service in 2008 was 260 billion. The remaining $1.1+ trillion went to defense, education, NASA, etc. FYI, NASA's budget was <$18 billion. Effectively less than 1/10 of 1% of the $2.9 trillion overall budget. If you figure in obligations that don't show up in the budget, 2008's *true* obligation that taxpayers will have to address is/was probably $3.5 Trillion or more.
The bottom line is that eliminating space exploration isn't going to fix the budget. Also, for the $17 billion spent on space exploration, at least the country is getting something for that money. Jobs being created, profits to corporations which are owned by shareholders, etc. That $$ is spread through the economy and has a multiplier effect, similar to infrastructure spending. It isn't like the money goes away.
The bottom line is that if we want to fix the Defecit or retire the National Debt, we're gonna have to cut back on entitlements. There is no other way, IMO.