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Isn't dismantling the space program long overdue?

dust1n

dust1n

Zindīq
M

Meow Mix

Chatte Féministe
Reverend Rick said:
Let me ask a question, why does Canada, Germany, France, England, or Australia not have a space program?
Click to expand...

France, England, and Germany contribute to a joint space program -- the European Space Agency, ESA. Each member also contributes at least hundreds of millions to their own national space agency, though usually with limited function as the ESA is the main European space... agency... uh, hence the name (I felt stupid for ending up typing that, but left it there for comedic effect).

It would honestly be great if NASA, ESA, ROSCOSMOS (Russia), ISRO (India), CNSA (China), and ok, I'll just make this easy: EVERYBODY got together under EARTH Space Agency.

There's no reason NOT to since most nations with space agencies already agree not to militarize space anyway.
 
Revoltingest

Revoltingest

Pragmatic Libertarian
Premium Member
InformedIgnorance said:
40 million is such a low amount as to kind of not be worth spending on it IMO For space, if you do not have at least a quarter billion it just does not seem worth while.
Click to expand...
They could afford to put experiments on others' satellites for that much.
Could be some interesting & worthwhile work. And they're in the game.
 
Revoltingest

Revoltingest

Pragmatic Libertarian
Premium Member
dust1n said:
Borrowing 9 trillion and producing 169 trillions worth of product?
Click to expand...
Referring to your post, if we borrow $1T every year, & earn $13T, at
that constant rate we'll be borrowing more than we earn in about 13 years.
Just looking at your posted numbers, that's a bad ratio.
 
dust1n

dust1n

Zindīq
Revoltingest said:
Referring to your post, if we borrow $1T every year, & earn $13T, at
that constant rate we'll be borrowing more than we earn in about 13 years.
Just looking at your posted numbers, that's a bad ratio.
Click to expand...

Um... I'm not sure we are on the same page again. If you look at the graph, the end point is $13T earned that year, and considering the growth rate of GDP before that, we'd expect it to go up, or at least stay the same. If GDP stayed the same, we would be producing $13T worth of value per year, and borrowing $1T or more per year.
 
Revoltingest

Revoltingest

Pragmatic Libertarian
Premium Member
dust1n said:
Um... I'm not sure we are on the same page again. If you look at the graph, the end point is $13T earned that year, and considering the growth rate of GDP before that, we'd expect it to go up, or at least stay the same. If GDP stayed the same, we would be producing $13T worth of value per year, and borrowing $1T or more per year.
Click to expand...
I saw the graph, but I found your posted numbers more fun.
Just pay no attention to me....you'll be happier.
 
Reverend Rick

Reverend Rick

Frubal Whore
Premium Member
Just more facts for your consideration. Bush raised the debt 4 trillion in 8 years and fought two wars.

Obama still has 3 1/2 years to go and has him beat in spades.

People are retiring and will not be paying any more taxes, but the governments responsibilities are increasing.

Do the math dust1n, less money coming in, more money going out. We are broke, there is no "extra money" son.

National debt up $6 trillion since Obama took office - CBS News
 
Revoltingest

Revoltingest

Pragmatic Libertarian
Premium Member
Reverend Rick said:
Just more facts for your consideration. Bush raised the debt 4 trillion in 8 years and fought two wars.
Obama still has 3 1/2 years to go and has him beat in spades.
eople are retiring and will not be paying any more taxes, but the governments responsibilities are increasing.
Do the math dust1n, less money coming in, more money going out. We are broke, there is no "extra money" son.
National debt up $6 trillion since Obama took office - CBS News
Click to expand...
If you were a trained economist, you'd be able to look at it in a complicated enuf way that it could all work out.
If ever we reach a critical mass of economists, no one will ever need to work again. QE will support us all!
 
dust1n

dust1n

Zindīq
Reverend Rick said:
Just more facts for your consideration. Bush raised the debt 4 trillion in 8 years and fought two wars.

Obama still has 3 1/2 years to go and has him beat in spades.

People are retiring and will not be paying any more taxes, but the governments responsibilities are increasing.

Do the math dust1n, less money coming in, more money going out. We are broke, there is no "extra money" son.

National debt up $6 trillion since Obama took office - CBS News
Click to expand...

That would be an apt analysis of governmental debt if it were due all together tomorrow... Like, literally, tomorrow, the government has to pay back all its loans.

Hold on... a guy earns 40k a year, and buys a house worth 150k thousand dollars. One year in, is he broke and out of "extra money"?
 
Reverend Rick

Reverend Rick

Frubal Whore
Premium Member
dust1n said:
That would be an apt analysis of governmental debt if it were due all together tomorrow... Like, literally, tomorrow, the government has to pay back all its loans.

Hold on... a guy earns 40k a year, and buys a house worth 150k thousand dollars. One year in, is he broke and out of "extra money"?
Click to expand...
He is over extended and most likely has a negative net worth, so yeah, I would say he is broke all things considered.

You remind me of the guy who told the bank, I can't be broke, I still have checks left!
 
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