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Grak70
Scott Manley
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Comments by "Grak70" (@Grak70) on "" video.
Boeing is paying $750M of the R&D cost and doesn’t have the facilities NASA does, nor their simulation capabilities. Did you watch the video?
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@AdrianBoyko right because NASA had never done any aeronautics research of its own.
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@lufwaffeaircraft yes, capital markets will always distribute resources in the most efficient mann….oh hey FTX, what’s up? Enron’s here too? And Twitter’s coming? Wow, this party is gonna be EFFICIENT.
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Boeing is paying more than 60% of the development cost: $750M
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@jonathanj8303 so?
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@jonathanj8303 neither of us knows the details of the contract. And this is routine for R&D projects where the risk of investment is too high for private capital to go it alone. You are assuming by suggesting that Boeing should pay for everything that NASA has no vested interest in the tech itself, or that the federal government for that matter doesn’t want to promote US industry leadership. The federal government routinely underwrites the construction of large power plants for the same reason: the risk is too great for private capital, only concerned with short term returns, to bother without it. Yet the need remains. Footing part of the bill guarantees long term returns are even possible.
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@lufwaffeaircraft I see you’ve never paid to fill a pothole before. My family happens to live on a road not administered by our county works and fixing potholes is incredibly expensive, even if you’re just a bunch of homeowners taking up a collection to hire a contractor. Things cost more than you think. Also, it doesn’t matter if FTX / crypto was a scam. It still attracted billions in capital from private investors and all that money went up in smoke. So it was 1) not a government action and 2) a shit allocation of capital by the market.
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If you’re complaining about the taxpayer cost of this project but not making 100x as many comments on the B-21 project, you have your head up your financial ass. You wouldn’t miss the amount of money this cost you personally if it fell out of your wallet. Meanwhile we spent how many trillions on the Iraq and Afghanistan wars and… “Oh well.”
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@MikehMike01 …he typed on the Internet.
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