Category Archives: Economics

Trump’s Campaign Staff

Remember, he hires the best people.

Remember when Obama’s people claimed that he could manage the government because his campaign was being run so well? Well, Trump can’t even manage a campaign.

[Update mid-afternoon]

Why I’ve changed my mind on Trump:

I realized — like I was shot with a diamond bullet — that there is no “there” there. Trump has no ideas, no philosophy, and no governing principles. He is little more than a salesman selling himself. He is a hollow man, a stuffed man, headpiece filled with straw.

Not only doesn’t he know much, he doesn’t care to find out, which is much worse to my mind. Read this article from Spengler about how Trump doesn’t read. (“What I noticed immediately in my first visit was that there were no books,” says D’Antonio. “A huge palace and not a single book.”) If somebody like this were to run the foreign policy of the world’s most powerful country, it would be an unmitigated disaster. In a narcissistic fit, he may start World War III without a clue as to what to do after it begins. Only then will it dawn on him that not everything in the world is a transactional deal.

Once I realized this, other examples became evident. There are Trump’s extensive ties with top Democrats, like Senator Harry Reid and the Clinton family, as well as establishment Republican figures like Senator Mitch McConnell. There is also his (very recent) past support of left-wing causes, including illegal immigration. Most tastelessly, he has personally attacked conservatives who have been fighting the good fight for a lot longer than Donald Trump has, and with much fewer resources. Take his disgraceful feud with Michelle Malkin. Donald, Michelle was pulling her weight back when you were cutting checks to Anthony Weiner and employing illegal aliens.

A con man, a show man, and empty-headed buffoon.

Blue Origin’s Plans

An update from Eric Berger in the wake of the successful third flight of New Shepard. The long setback to reusability caused by the Shuttle is finally coming to an end.

[Update a few minutes later]

I wrote a piece a while ago with this theme, but I may have never published it:

Some people have also questioned whether it’s safe to reuse rockets, but Bezos thinks that perception will flip 180 degrees. “That is an argument that’s been made, but I have a different opinion,” he said. “I would much rather fly in a used 787 than on that 787’s first flight. Let somebody else take that first flight. Look, the fact that you just flew it yesterday means that it’s probably really good to fly right now. And that’s going to be true of rocket vehicles, too. In the future, because of reusability, nobody with a really expensive satellite is going to want to put it on an unused rocket. They’re going to decide that’s too risky. Now that will take a while, but that’s what’s going to happen.”

…”Our first orbital vehicle will not be our last, and it will be the smallest orbital vehicle we will ever build,” Bezos said. And to make it all affordable, says the man who has upended online retailing with Amazon.com, rockets must launch, land, and then fly again. When he’s asked about plans by government agencies and others to build large, expendable rockets, Bezos seems unable to understand that kind of business practice in the 21st century.

“What I know you cannot afford is throwing the hardware away,” he said. “Hardware is so expensive. Look around at the precision you see here. The turbopumps with beautifully machined propellers. It’s just a tragedy to throw all of that away. You can never make a step function change in cost if you’re throwing the hardware away.”

In a couple decades, people will marvel at the stubborn persistence some in throwing expensive hardware away.

The Space Access Conference

It’s less than a week away:

Space Access ’16 – next week! – three days focused on the technology, business, and politics of radically cheaper space transportation.

Thursday afternoon April 7th through Saturday night April 9th in warm springtime Phoenix, in an intensive informal atmosphere, single-track throughout so you don’t have to miss anything.

Organizations like Agile Aero, DARPA, Lasermotive, Masten Space Systems, Nanoracks, Spaceport America, United Launch Alliance, XCOR Aerospace.

People like Mitchell Burnside Clapp, Jeff Greason, Gary Hudson, Jordin Kare, Dave Masten, Rand Simberg, and Henry Spencer in a variety of presentations and panels.

Progress reports ranging from major government & industry programs through university student & high-end amateur rocket hardware projects.

Plus this year, now that a thriving low-cost space transportation industry is near, a focus on What’s Needed for The Next Thirty Years? S

A’16 is just days away – make your plans NOW. Everything you need to know to be there.

I encourage all to come, despite my own presence.

Rethinking SLS

In the course of working on my Kickstarter project over the past several months, I’ve been examining the arguments in favor of the SLS program. In the course of doing so, I’ve finally come to realize that they aren’t just compelling, but irrefutable, really.

Dumbacher, Griffin, Cooke, Cook and King are right. It does take a lot of mass in orbit to get to Mars, and bigger rockets are clearly better. Sure, each flight will cost billions, but how can we put a price on national pride, and jobs in Huntsville, Promontory, Michoud and Titusville? The more I think about the hazards and complications of launching a lot of dinky rockets, and all that orbital assembly, the more I realize how risky it is, not just for our precious astronauts’ lives, but for the mission itself. And really, NASA just wouldn’t be NASA if it’s not building and launching its own giant rocket.

So I want to go formally on record as being fully supportive of this program, and I can’t wait for President Trump to come in next January to make space great again, with a yuuuuuuuge rocket, not those little dummy loser rockets that are always exploding on barges. #MakeSpaceGreatAgain