Wednesday, August 11, 2010

African Americans and Space

Why should African Americans, let alone other Americans, worry about Obama's space program initiatives when they face serious unemployment problems on earth?

Simple, because space spending creates new knowledge that has benefitted everyone on earth. Examples: Chips were developed for small onboard computers for the Apollo Project, which stimulated Silicon Valley's chip and PC industries. NASA and other space agencies have developed thousands of technologies that have found their way into everyday life.

European Space Agency technology brokers estimate a 20x return for every Euro spent in space. If done properly, NASA's annual $19 billion would generate $380 billion in economic growth a year, or 3.8 million jobs annually, which would help get America back on its feet economically and employ lots of people, including African Americans.

Worldwide, space agencies spend $45 billion annually, which would generate $900 billion in growth, or 9 million new, exciting jobs a year. Not a bad return on investment. Now, will politicians wake up to the possibilities? Let hope so or we'll miss the opportunity to inspire and employ our burgeoning "Lost Generation" of unemployed college graduates who are giving up hope of pursuing wonderful careers.

Kennedy sent us on a mission to the moon. Obama and other world leaders can inspire and create jobs for this generation.

http://politic365.com/2010/08/11/%E2%80%9Clost-in-space%E2%80%9D-and-obama%E2%80%99s-vision-for-space-exploration/