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Get rid of NASA and privatize the space race

John Stossel on

This week, American astronauts returned to earth. Their trip to the space station was the first manned launch from the U.S. in 10 years.

By NASA? No. Of course, not.

This space flight happened because government was not in charge.

An Obama administration committee had concluded that launching such a vehicle would take 12 years and cost $36 billion.

But this rocket was finished in half that time -- for less than $1 billion (1/36th the predicted cost).

That's because it was built by Elon Musk's private company, Space X. He does things faster and cheaper because he spends his own money.

 

"This is the potential of free enterprise!" explains aerospace engineer Robert Zubrin in my newest video.

Of course, years ago, NASA did manage to send astronauts to the moon.

That succeeded, says Zubrin, "because it was purpose-driven. (America) wanted to astonish the world what free people could do."

But in the 50 years since then, as transportation improved and computers got smaller and cheaper, NASA made little progress.

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