Lunar Base Foe Romney Endorsed By Lunar Base Supporters
MarkWhittington writes "Mitt Romney has infamously suggested that the idea of lunar colonies is 'zany' and has ridiculed Newt Gingrich's idea of building a lunar base by 2020. However Romney has been endorsed by a group of aerospace heavyweights, including Apollo moonwalker Gene Cernan and former NASA administrator Mike Griffin, many of whom have previously supported the idea of lunar bases."
Funny how "Deficits don't matter" (Dick Cheney) once the Republicans want to do something.
Will we be raising taxes to pay for all of this cool space stuff, or just putting it on the credit card as usual?
I don't care if it's 90,000 hectares. That lake was not my doing.
To anybody who reads the parent: yes, those debt numbers sound impressive. However, ultimately they are just the necessary counter-part to giving the private sector the monetary assets that it desires. This was understood a long time ago, see e.g. here. More recently, Modern Monetary Theory economists have been pushing the same point. If you haven't yet, I recommend you set aside some time to read introductory explanations e.g. here and here and here.
The bottom line is this: targeting a specific size of the budget is bad policy. The budget will be whatever it has to be to match the behaviour of the private sector. Artificial austerity, as is being proposed these days, is coercion of the private sector to go against its natural behaviour, even when that natural behaviour is benign. In other words, austerity actually means an oppressive and draconian government. Deal with it.