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Reason: None provided.

Here is why... government idiots know taxpayers are funding it so they can.

Let me give you an example of why the private industry took so long to finally break out into Space travel, launching satellites and so on.

Before, it used to cost like 250+ million to launch a satellite. It sort of varied based on weight, but it was VERY expensive. Some private space companies started to build rockets and they were claiming they could do it for say, 150 million. What would happen is NASA would step in and say, "We'll launch it for your company for 145 million." Boom, the company would go to NASA, competitor would not be able to fund their rocket plans.

The problem is NASA was literally underbidding others at tens of millions of dollars of a loss to keep competition away. Wasting taxpayer money. NASA is not a lean company. Bloated salaries, expensive pensions. They are outrageously costly to run... always massive budget overages and projection delays. A big problem of NASA, even though I love them, is they are still government run and inefficient.

This is why a company like SpaceX only stood a chance because they had such a radical plan that NASA knew they couldn't underbid by 100-150 million, so when Elon Musk started saying they could launch satellites for 50 million dollars for companies, with their proven SpaceX rocket, and NASA's own embarrassment and problems with its delay after delay after delay of their new rocket, basically they finally had a chance to come around. I mean hell, SpaceX can launch 8 tons into Space at a cost to the company of about 90 million. That sounds like a lot, until you find out NASA was charging 300 million for the same thing, and probably still doing so at a financial loss, or a break-even.

But ya, NASA was literally keeping other companies out of competition for decades by underbidding any competition, even if at a loss.

The US Postal service is afraid of losing a lot of business to competitors, including Amazon's own delivery service so they are literally underbidding the cost, at a loss, to attempt to stay relevant. Government waste at its finest.

356 days ago
1 score
Reason: Original

Here is why... government idiots know taxpayers are funding it so they can.

Let me give you an example of why the private industry took so long to finally break out into Space travel, launching satellites and so on.

Before, it used to cost like 200 million to launch a satellite. It sort of varied based on weight, but it was VERY expensive. Some private space companies started to build rockets and they were claiming they could do it for say, 125 million. What would happen is NASA would step in and say, "We'll launch it for your company for 120 million." Boom, the company would go to NASA, competitor would not be able to fund their rocket plans.

The problem is NASA was literally underbidding others at tens of millions of dollars of a loss to keep competition away. Wasting taxpayer money. NASA is not a lean company. Bloated salaries, expensive pensions. They are outrageously costly to run... always massive budget overages and projection delays. A big problem of NASA, even though I love them, is they are still government run and inefficient.

This is why a company like SpaceX only stood a chance because they had such a radical plan that NASA knew they couldn't underbid by 100 million, so when Elon Musk started saying they could launch satellites for 40 million dollars for companies, with their proven SpaceX rocket, and NASA's own embarrassment and problems with its delay after delay after delay of their new rocket, basically they finally had a chance to come around.

But ya, NASA was literally keeping other companies out of competition for decades by underbidding any competition, even if at a loss.

The US Postal service is afraid of losing a lot of business to competitors, including Amazon's own delivery service so they are literally underbidding the cost, at a loss, to attempt to stay relevant. Government waste at its finest.

356 days ago
1 score