Private Sector screwing up

#251
#251
MG1968 said:
Challenger
Columbia
Apollo 1
Apollo 13 (a successful failure, but a failure nonetheless)
Constellation
Skylab
numerous probes that either crash landed or failed to operate properly.

yes, NASA has had success, but it's failures aren't exactly the kind you shrug off and say, "oh well, better luck next time."
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Yeah, but you can also spin this as we have never lost a life in actual orbit.

The thing with NASA is much of its mistakes look stupid, but we are in fact talking about rocket science. It isn't exactly easy. From an efficiency standpoint maybe the private sector could do better, but until there is significant return on investment the government is the way to go. The cost is just too great right now. However, there have been much done in the way or research and inventions conducted by the space program that have made economic impact in the private sector.
 
#252
#252
lumberjack4 said:
I'm all for killing NASA. The private sector is almost to the point where it can take over. The waste in NASA is staggering considering its tiny budget.
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That's going to be another decade or two, IMO. Possibly a little more or a little less.
 
#253
#253
As far as getting men to the space station the private sector will be there before the end of the decade. Maybe even in as little as 6-7 years. They aren't as far away as people seem to think. Boeing and Lockheed could do it tomorrow if they wanted to since they build the stuff anyways. All they have to really do is decide on a profit motive and we're there.
 
#255
#255
Cash Vallin said:
way to take it to extremes. Just because I think the government should be involved in some things doesn't mean i think it should control everything.

that's pure republican/fox news rhetoric.
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What should the government not be in control of?
 
#261
#261
paul1454 said:
You know the post office is in the constitution right? So it isn't a "program" either?
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yep, I do. but CV called the military a "program". I called the Post Office an example of government failure.

next question?
 
#262
#262
BigPapaVol said:
Only under a relatively small number.
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I think we may be talking about different things. I was talking about the repeal of the estate tax, which went into effect at the beginning of this year.
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#263
#263
paul1454 said:
I think we may be talking about different things. I was talking about the repeal of the estate tax, which went into effect at the beginning of this year.
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But all that estate tax lingo only applied to 600k or less, no?
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#264
#264
paul1454 said:
I think we may be talking about different things. I was talking about the repeal of the estate tax, which went into effect at the beginning of this year.
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I wouldn't call it a repeal more of a reprieve. The estate tax goes back into effect Jan 1, 2011.
 
#265
#265
lumberjack4 said:
I wouldn't call it a repeal more of a reprieve. The estate tax goes back into effect Jan 1, 2011.
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Much better way to describe it. In fact, the word on the street is that Congress is making a push to retroactively reinstate it for this year - possibly at the higher 2001 rates. Can't say I'm surprised though.
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#266
#266
BigPapaVol said:
But all that estate tax lingo only applied to 600k or less, no?
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no you are completely void if you die this year though your cost basis doesn't move up which is a huge problem for a lot of people. some might actually owe more in taxes since you don't get the first $3.5 mil moved up either.
 
#267
#267
droski said:
no you are completely void if you die this year though your cost basis doesn't move up which is a huge problem for a lot of people. some might actually owe more in taxes since you don't get the first $3.5 mil moved up either.
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Obviously wasn't aware. While I agree that the tax shouldn't exist, how were the folks in DC intending to replace this inflow?
 
#268
#268
BigPapaVol said:
Obviously wasn't aware. While I agree that the tax shouldn't exist, how were the folks in DC intending to replace this inflow?
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Before the "repeal," the most the estate tax ever brought in was 2.4% of tax revenue. Over the past 5-10 years, it has hovered closer to 1%. In the grand scheme of things, the revenue wouldn't really be missed. Or, at the least. It could be replaced rather easily.
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#271
#271
BigPapaVol said:
Obviously wasn't aware. While I agree that the tax shouldn't exist, how were the folks in DC intending to replace this inflow?
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well they'd make it up thru capital gains i would imagine. though i'm not clear if estates under $3.5 mil get their cost basis moved it. if not then it might be more money than before.
 
#272
#272
droski said:
well they'd make it up thru capital gains i would imagine. though i'm not clear if estates under $3.5 mil get their cost basis moved it. if not then it might be more money than before.
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by cost basis moving, do you mean mark to market?
 
#273
#273
BigPapaVol said:
by cost basis moving, do you mean mark to market?
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usually when you die your kids receive your assets with teh cost basis moved up to the price at death meaning they can sell these assets (stocks, real estate) without paying capital gains. particurally with a primary residence this can be a major problem. a lot of people paid near zero for their houses 30 years ago.

edit: looks like they get it moved up up to $1.3 mil. so those in the $1.3 mil to $3.5 mil estates are gettiing pretty screwed here.
 
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#275
#275
OrangeEmpire said:
Why can't I demand they run on budget?

Why can't I demand every agency runs on budget?
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I was just wondering if entities that were chartered under the constitution were somehow exempted from the discussion. I'm sure you can guess by now, I'd prefer programs like the post office be left to private enterprise
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