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NASA of the 1960s was consuming 10% of America's GDP. You can do a lot with that kind of money. SpaceX does its part on a Snapchat budget.
by varjag 5y ago
NASA of the 1960s was consuming 10% of America's GDP. You can do a lot with that kind of money. SpaceX does its part on a Snapchat budget.
- TheGigaChad 5y agowrong.
- askl56 5y agoNot even close to true. US GDP in 1965 was $743.7 billion[0]. NASA's budget peaked in 1964–66 when it consumed roughly 4% of all federal spending. The agency was building up to the first Moon landing and the Apollo program was a top national priority, consuming more than half of NASA's budget and driving NASA's workforce to more than 34,000 employees and 375,000 contractors from industry and academia. $5 billion is 0.67% of $743.7 billion. [0] https://countryeconomy.com/gdp/usa?year=1965 https://countryeconomy.com/gdp/usa?year=1965 [1] https://en.wikipedia.org/wiki/Budget_of_NASA https://en.wikipedia.org/wiki/Budget_of_NASA
- varjag 5y agoOK I checked. NASA budget in 1965 was indeed just 60 billion, which is like only 8% of not even GDP but U.S. federal budget. Chump change, shame on you SpaceX for not landing on the Moon yet.