Many here in the Washington DC area are anxiously awaiting the findings of the Joint Select Committee on Deficit Reduction, the so-called Super Committee. If the committee can’t agree on where to cut approximately $1.5 trillion in spending by November 23rd, $1.1 trillion in automatic, across the board cuts are scheduled to take place starting January 2, 2012.
This failure to act could have a profoundly negative effect on the U.S. space industry. Spending in space has been a prolific driver of economic growth and is a critical component to maintaining our military advantage in IT and net-centric warfare.To cite just one example, look at all the economic vitality driven by GPS – talk about a service millions can’t imagine living without! Bottom line, indiscriminate cuts on space programs will hurt this country in multiple ways.
With a nod to David Letterman, Elliot Pulham at the Space Foundation published his Top 10 list last week of space programs that must be kept away from the budgetary chopping block. Some may quibble with some items of this list, and Elliot’s language is pretty dire about the consequences we could soon face. But we’re in total agreement with the thrust of the piece.
And, anyone who can quote lines from the comedy classic GhostBusters to make a point about the federal budget crisis is AOK in our book!