I can't believe people think they're going to "make america great again" by cutting funding for all the stuff that makes America an economic, cultural, and academic powerhouse.
I can't believe people think they're going to "make america great again" by cutting funding for all the stuff that makes America an economic, cultural, and academic powerhouse.
I’ve seen many occasions in my career when some manager had flown across the country with a business class ticket, stayed in a fancy hotel, rented a luxury car, and turned up to an all-hands-on-deck meeting to announce in a grave tone that the minimum wage workers are just going to have to make some sacrifices.
This is almost precisely what’s going on with DOGE except you can substitute private jet and secret service motorcade. And instead of minimum wage, it’s… less than minimum wage.
The richest are complaining about being too poor to help the needy, and fixing the issue by cutting every program that helps those under the poverty line.
The reason the manager flying around spending money to attend a downsizing meeting is gross is that the manager is spending company money (that could go to prevent downsizing).
To complete the analogy, you would need to be implying that Elon's personal money should be paid to fund federal services.
I am. These payments are called taxes.
Taxes he's successfully evaded paying using the the same tricks as every other billionaire, such as taking out loans against his shares that will be repaid after his death by his estate, which has negligible tax rates compared to the kind of income taxes paid by mere mortals.
All joking aside, if Elon -- just him, no other billionaire -- had simply paid the same marginal tax rates as any random upper-middle-class citizen, it would be 10x the amount DOGE had cut so far from the federal budget.
https://www.inc.com/bruce-crumley/why-elon-musks-faa-contrac...
https://www.nytimes.com/2025/02/11/us/politics/elon-musk-com...
https://www.washingtonpost.com/business/2025/03/01/elon-musk...
https://www.banking.senate.gov/newsroom/minority/as-elon-mus...
https://apnews.com/article/house-democrats-musk-doge-oversig...
But...specifically on funding for Intuitive Machines I don't understand how NASA also gave then an IDIQ contract for up to $4.8 billion for lunar communications and PNT services [0] based on the experience of one lunar lander that didn't actually work.
[0] https://spacenews.com/nasa-selects-intuitive-machines-for-lu...
Space is hard. There's nothing "embarrassing" in controlled landing on the freakin Moon with a shoestring budget, even if the landers fell over. Reddit's r/technology is leaking in this thread.
Once upon a time most planes crashed. Then the state of the art advanced.
If IM can’t publish a convincing root-cause analysis for why their landers keep tipping over while their competitors’ don’t, they shouldn’t get new contracts and existing ones should be revisited.
1) private companies landing on the moon is a brand new thing in a very difficult technology. If we want to encourage it, maybe we should minimize risk.
2) what were their mission goals? Maybe it was just to stick the landing, test landing gear, etc. (There is a bunch of equipment on there for other things, so they must have had some other plans.)
3) what is the difference between a private company and NASA doing it? That is, why is it so hard to do what NASA did over 50 years ago, without things falling over, etc.? Is it budget? Time for testing and retesting (investors want returns)? Talent? Is NASA witholding its secret ingredients like a self-centered chef? (At least some national space agencies also have had problems, like JAXA, but I'm not sure how widespread that is.)
Edit: I would make it competitive, though. That's the point of private business - it can fail and disappear. Compete for the next contract.
An entire federal agency was deleted and thousands of non profits and other organizations were using the funding source as their only client and are also deleted now
Just because this one is publicly traded we should expect a different outcome?
I love prediction markets because now there is another outlet for perceiving politics than just debating. I take your money in a zero sum game if my worldview is more accurate, love that. I would almost say it rewards having a contrarian view of the world, but there are some psychology studies that show even ideologues like you will make accurate predictions if there is a payout of basically any amount. So I doubt it’s actually a contrarian view given that you have the same information.