Comments by "" (@walperstyle) on "How NASA Reinvented The Wheel" video.

Sure, but NASA has also wasted a ton of money in the past. You have to be careful when you create gated institutions and centres as they often become stagnant. NASA fell behind with the space shuttle, and had insane amounts of employees. It is economically more efficient to have privatized small groups create and bid for contracts. Get it right, win the prize. There is no prize for bloated taxpayer funded groups as they rarely get defunded when they suck. I can cite examples here in Canada where our services turned into government union monopolies, as bad as heavy regulated super corporations.
1
@Never-mind1960 double? You pulled that arbitrarily out of thin air. Here is the thing, I've taken some physics classes and stats classes on my way into aerospace. NASA was terribly inefficient. When you have leeches forever collecting tax money, it doesn't automatically make them productive. More got done via deregulation of aerospace than the other way around.
1
@Never-mind1960 Furthermore, You've clearly not read any Thomas Sowell, where thousands of examples can be brought forward in other industries that show government monopolies are terrible.
1
@Never-mind1960 A private industry needs people to voluntarily give it money for goods and services. Unless, it's a government protected monopoly that gets bailed out, then I'd argue it's just another socialist system that is being bailed out constantly with leveraged taxpayer dollars.
1