Archive for sub-prime crisis

An interesting thought

Posted in History, musings, Science with tags , , , , on 11/12/2009 by sangomasmith

A thought occurs:

The Apollo program cost the U.S. approximately $145 billion in adjusted dollars over the whole of its lifetime. This equates to about $24 billion per successful landing. Let’s call it $25 billion to be safe. The response to the sub-prime crisis has, so far, resulted in the U.S. spending over a trillion dollars to bail out the financial system as a whole. So by putting 2 and 2 together, the U.S. could have landed 50 Apollo-era craft for the same money.

In other words; for the same price as a fucked-up financial system, the U.S. could have had a fully-functioning moon base. It makes you wonder a little about people’s priorities…