As many of our readers know I head down to Arizona each year to catch the annual Space Access conference. I enjoy following what is happening in private space businesses.
Rand Simberg does a great job in Transterrestrial Musings of reporting on space.
In one of his recent posts was this profound comment:
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To the private sector a half a billion dollars is enough to start a whole new industry. To the federal government it is a rounding error. How many new industries will be lost due to a wasteful spending of a totally dysfunctional federal government?
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Many of the big high tech companies were starts with just a couple million dollars.
(Hat tip: Instapundit)
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