It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Thank you.
Some features of ATS will be disabled while you continue to use an ad-blocker.
Originally posted by anon72
reply to post by Gazrok
I concur but they could amend those contracts. Well, at least from here forward.
You would think the two sides (govt & contractor) could come up with a better way to utilze the money. The Best Bang for the Buck theme.
Originally posted by chiponbothshoulders
I say that NASA should just be shut down until there is something done about the greater economy.
NY Times
In response to letters from NASA this year, Lockheed Martin and Alliant, more commonly known as ATK, said that for decades the space agency paid for termination costs like severance pay for workers and that the companies had not reserved money to cover that. Lockheed Martin has estimated its cancellation costs at $350 million, ATK at $500 million.
Shooting bazillions of dollars out into space does very little to help the majority of people.
Distribution of NASA funds by state
A November 1971 study of NASA released by the Midwest Research Institute of Kansas City, Missouri ("Technological Progress and Commercialization of Communications Satellites." In: "Economic Impact of Stimulated Technological Activity") concluded that “the $25 billion in 1958 dollars spent on civilian space R & D during the 1958-1969 period has returned $52 billion through 1971 -- and will continue to produce pay offs through 1987, at which time the total pay off will have been $181 billion. The discounted rate of return for this investment will have been 33 percent.”
Originally posted by chiponbothshoulders
I say that NASA should just be shut down until there is something done about the greater economy.
There aren't that many jobs tied into it to be lost in the grand scheme of things anyway.
Shooting bazillions of dollars out into space does very little to help the majority of people.
It really doesn't.......