Friday, September 17, 2010

A new hope for the United States Economy  (and it's people)


Pres. Obama has just signed a bill supporting small business to help boost economic growth, and this is great. But there is something more he and Congress could do to really energize the economy. That is, provide low-interest loans and grants to companies for the purpose of projects in space, especially near-earth. Proposals for a resort hotel, or other scientific or recreational projects, could be helped along by some federal dollars. A public show of support would also help.

The future is out there, and other countries know this. That is why India and China are ramping up their programs, and other countries are trying to get in on the space rush. One way the US could retain it's position, and even enhance it, is for the federal government to provide financial assistance to space tourism and the like, in the same way loans are made to other types of businesses. A solidly funded suite of financial supports, together with public speeches and moral support, could get a US private space industry going strong. This in turn would provide jobs, a boost to technology research, and more importantly, a boost to peoples hopes and dreams.

For the young people in the US and the world, a brighter future would beckon - one with hopes for a spacious new area for settlement and trade. We already have an orbiting space station, so we are basically there. Now is the time to give it a real commercial push, to make it happen for the majority of people. We could bring space down to Earth, and more of the Earth into space.

The more commercial projects reaching up and out of Earths gravity well, the more resources in space can be utilized by the people of Earth. The Democrats can and should paint themselves as the party for a brighter future by pushing the concept of moving out and taking hold of the boundless resources in our Solar System and beyond. Thanks for reading.