Economic Benefits of Space Exploration/Science

Re-blogging a paper I wrote because.. it is still very relevant.

DJHM

      Image

     The general public have predisposed thoughts when it comes to federal budgeting. Most recently, a large amount of public attention has been focused on trimming the national debt and increasing the value of our economy through the likes of job creation and tax cuts. However, some draw from our past and proclaim that our innovation and pioneering is what gave birth to what we now call “The American Dream.” I find myself inclined, in general swaths, to agree with this train of thought. A very small percentage of the public knows that certain agencies, such as the National Aeronautics and Space Administration (NASA), contribute enormous technological and economical assets that the economy and public rely on daily. Even more amazingly, very few know that for every dollar budgeted to NASA returns to the economy sevenfold over the long term. So what would happen if NASA…

View original post 731 more words

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s