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Picture of the Week: Pinch Us September 20, 2008

Posted by Nick Azer in Bush, Constellation, economy, funding, NASA, Obama, Picture of the Week, private sector.
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Yes, the Moon Colonization Picture of the Week is of Federal Reserve Chairman Ben Bernanke, President George W. Bush, Secretary of the Treasury Henry Paulson, and Securities and Exchange Commission (SEC) Chairman Christopher Cox. This might not seem on-topic at first, but unfortunately, it very much could be.

The event pictured is the announcement of the financial rescue package being put into place to stabilize the struggling American economy.

This package could potentially become extremely relevant (and rather ominous) to NASA, as this rescue could end up costing the government upwards of a trillion dollars, which in turn could then end up limiting government spending for some time. This crisis, as a result, could then become an eventual bane to NASA’s rather large amount of funding (and the particularly pricey Constellation program).

Luckily, there’s still other nations and plenty of private enterprise rolling along towards the Moon, so even if NASA takes a hit, the lunar surface should be plenty busy for some time to come. And as a matter of fact, Barack Obama’s space plan suggests he may attempt to utilize the private space sector as a way to spur the economy back out of this slump, and so in the end, the American space focus may simply shift, rather than slump; as any slack lost by a NASA spending decline could be readily picked right back up by American private enterprise.

It will be interesting to see how the unfolding of this rescue package ends up shifting America’s impact on the base race and the future of development on the Moon.

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