[HN Gopher] Senate Preparing $10B Bailout Fund for Jeff Bezos Sp...
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       Senate Preparing $10B Bailout Fund for Jeff Bezos Space Firm
        
       Author : sharkweek
       Score  : 20 points
       Date   : 2021-05-25 19:08 UTC (3 hours ago)
        
 (HTM) web link (theintercept.com)
 (TXT) w3m dump (theintercept.com)
        
       | AtlasBarfed wrote:
       | Yeah it looks bad that the richest man in the world's pet
       | backyard rocket company is getting pork, but space is still the
       | purvey of government funding.
       | 
       | Even if Blue Origin is behind SpaceX, it's still good to have a
       | couple irons in the fire pushing things. Solar was the same way.
       | There were probably a half dozen failed solar startups that Obama
       | threw money at that the right can pillory as boondoggles, but
       | this is how private research will go if governments aren't doing
       | massive amounts of public research.
       | 
       | Some companies will succeed, others won't.
        
       | dylan604 wrote:
       | The first rule of gov't spending is build two at twice the cost
        
         | aaron695 wrote:
         | I never got that quote (Contact)
         | 
         | Take the premise governments are incompetent and overspend.
         | 
         | You neither win or lose by getting two. The incompetence is
         | built into the second same price.
         | 
         | Except you have the second early.
         | 
         | Building early has a cost, but given the way governments work
         | the incentive for re-election is being under budget and fixing
         | problems only when they become so bad they have too. Building
         | early intuitively sounds better to me.
        
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       (page generated 2021-05-25 23:02 UTC)