My general worry is that 'investment' has become too financialized, and political hostility to any sort of industrial policy is hampering economic development. I note that China is planning a lunar landing later this year (http://www.nytimes.com/2013/08/29/world/asia/china-plans-fir...) in preparation for a manned mission. I don't have a very high opinion of the Chinese space program but I really feel we need another Sputnik moment.
To a lesser extent, so is this editorial, notwithstanding the awful headline and axe-grindey nature of the argument: http://www.newrepublic.com/article/114329/republican-budget-...
My general worry is that 'investment' has become too financialized, and political hostility to any sort of industrial policy is hampering economic development. I note that China is planning a lunar landing later this year (http://www.nytimes.com/2013/08/29/world/asia/china-plans-fir...) in preparation for a manned mission. I don't have a very high opinion of the Chinese space program but I really feel we need another Sputnik moment.