Comments on: No One Should Think That Money Spent on NASA is a Waste

By: NASA publishes Moon to Mars Architecture Definition

Sun, 15 Dec 2024 18:30:00 +0000

[…] has through its work produced spinoffs that have seen $7 to $14 in new revenue for every dollar spent and impacted food safety standards, terrestrial navigation systems, […]

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By: Are we wasting money in space? | Universe & Existence

Tue, 26 Jul 2022 16:23:59 +0000

[…] a report in 2014, for every dollar invested by the government, the American economy and other countries’ economies have seen $7 to $14 in new revenue, all from spinoffs and licensing arrangements. That amounts to $17.6 billion current NASA dollars […]

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By: Human Race vs Space Race | Professional Responsibilities Of The Engineer

Mon, 09 Apr 2018 11:24:01 +0000

[…] space exploration. For every $1 invested in NASA by the US government the American economy has seen $7 to $14 in new revenue. This investment has also spurred technological development, for example breast cancer detection […]

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By: lenrosen4

Fri, 28 Apr 2017 18:54:00 +0000

In reply to moonwatcher2001.

Wikipedia references an MRIGlobal study from November 1971. There is a 1976 Chase Econometrics study. The only CBO study I have seen was done in the George W. Bush era. The references appear in the “Budget of NASA” posting in Wikipedia.

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By: moonwatcher2001

Fri, 28 Apr 2017 17:14:00 +0000

I have heard in popular literature, that sometime in the 1970s a study was done by the OMB or CBO that indicated our economy had received about seven dollars or so for every dollar we had invested in our space program up through most of Project Apollo.

Is there a link to this study or can it be downloaded? I would like to present it to those who claim money spent on space exploration is a waste.

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By: Economic Benefits of NASA | Should WE fund NASA?

Thu, 27 Apr 2017 15:39:11 +0000

[…] University, NASA has a 10:1 return rate on their spending, however some sites range it from 4:1 to 14:1. NASA currently employs 18,000 people, many of whom are scientists, engineers, and government […]

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By: lenrosen4

Thu, 16 Mar 2017 19:17:00 +0000

In reply to Chris Balbi.

I have changed the URL to: http://www.21stcentech.com/money-spent-nasa-not-waste/

Thanks for pointing this out.

Len

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By: lenrosen4

Thu, 16 Mar 2017 19:14:00 +0000

In reply to Chris Balbi.

I see what you mean. I work in WordPress and I gather it created that contracted URL name that suggests the exact opposite of the article. You are right.

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By: Chris Balbi

Thu, 16 Mar 2017 18:45:00 +0000

In reply to lenrosen4.

Hi I’m referring to “http://www.21stcentech.com/money-spent-nasa-waste..”

when I pasted the URL to source a comment on Facebook, someone replied saying “oh, so that link states that “money-spent-nasa-waste” … does that mean money spent on nasa is a waste?

i told them it was just the URL and that the article is the opposite of that.

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By: lenrosen4

Thu, 16 Mar 2017 13:58:00 +0000

In reply to Chris Balbi.

Hi Chris, I’m trying to understand your comment. Which URL are you talking about? The posting includes an infographic that shows the ROI gained from NASA research. I also include two related articles, one describing NASA-inspired technology we use in our homes and lives every day, and another listing 20 things we have because of NASA.

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