Category Archives: Business

The Lure Of A Real Space Program

A long (I haven’t read the whole thing yet) article on SpaceX and other private companies versus NASA in terms of its appeal to employees:

SpaceX inspired Hoffman to reimagine a career with opportunities to work on her engineering projects even if the technicians were busy and not have it considered diverting work from contract labor. If she chose to work long hours at a commercial company, she wouldn’t be “punished for being an overachiever.” If she spent months on a project, she could be assured it would get launched into space.

For Hoffman, having her projects go unfinished at NASA may have been the personal foul that tipped her toward private industry, but she also suspected her own engineering frustrations were only the surface byproduct of more institutionalized problems. NASA’s financial insecurity, its lack of administrative direction and its bureaucracy had worn on her confidence in its future.

As the author notes, today’s NASA isn’t capable of doing what the 1960s NASA could.

[Update a few minutes later]

Ah, here it is:

“You can take safety overboard,” Leonce said. “I’ve sat in many meetings where we’re just arguing over the simplest things. It just becomes borderline ridiculous. I don’t think we could have ever gotten to the moon if the culture that now exists at NASA existed in the ’60s.”

Leonce said he understands the older generation’s anxieties considering they’ve worked through the deadly Challenger and Columbia disasters. Yet private launch companies will be more attractive for engineers fresh out of school, he said, because that culture of risk aversion is “a death in itself.”

Yes.

I would note that one of the reasons I left Rockwell over two decades ago was that in my decade and a half in the industry, virtually nothing that I worked on ever came to fruition (and many of the things I had to work on never should have). I also think that Bonnie Dunbar is deluding herself.

Reagan Versus Obama

Comparing the economic legacies.

It’s not really fair, though. One president knew how to allow the economy to create wealth. The other only knows about, and cares about, redistributing it.

[Friday-morning update]

Post recession, one third of Americans think they’re worse off.

Pretty sure the polling wouldn’t have indicated that in 1986. Of course, the Obama defenders will say that those deluded people have false consciousness.

[Bumped]

Millennials And Workforce Participation

Remember when Bill Clinton lied his way into office in 1992, claiming that it was the “worst economy in fifty years” when in fact it hadn’t been that bad and the recession had actually ended? Well, it really really is the worst economy in seventy years now, and it’s due to the kind of government interference in the economy and war on business that caused it the last time, in the Roosevelt administration:

It seems rather perplexing that the Los Angeles Times could try to creatively rename unemployed millennials trying to survive by working a bunch of “off-the-books jobs for cash to survive as ‘freelancing’”. But the simple facts are that businesses have adapted to the Obama Administration’s taxes, regulations, and the “Affordable Care Act.” Add the burden of Governor Brown’s tax increase to the highest level in the nation, and California millennials are rewarded, according to the Times, with “16.2% of Californians — or about 6.2 million — were either jobless, too discouraged to seek work, working less than they’d like, or in off-the-books jobs.”

It’s not actually perplexing at all, of course.

[Update a few minutes later]

Three quarters of Americans
think that their childrens’ lives will be worse than theirs.

They will, if we don’t get a huge change in direction, back to the Republic and liberty.

[Update a few more minutes later]

From apathy to dependence:

Tyler went on to suggest that democracies tended to go through the following sequence:

From bondage to spiritual faith;
From spiritual faith to great courage;
From courage to liberty;
From liberty to abundance;
From abundance to complacency;
From complacency to apathy;
From apathy to dependence;
From dependence back into bondage.

It’s ironic that it was Joe Biden who said that it was the Republicans who “wanted to put y’all back in chains.”

[Update a while later]

First link was wrong. Fixed now.

[Update a couple minutes later]

A glimmer of hope from the generation that has been the most abused by these little tyrants:

“An overwhelming majority of these Millennial-aged voters actually think government aid does more harm than good, that the government is at its max when it comes to helping the poor, and – get this – that people on the government dole have it way too easy.”

Being underemployed and underpaid while having to support people who don’t work at all will have that effect.