Paul Krugman’s Brain

…must be spinning in its little tiny coffin, at the recent economic growth and deficit reduction numbers:

Did you know that just over the past 11 quarters, dating back to the June 2003 Bush tax cuts, America has increased the size of its entire economy by 20 percent? In less than three years, the U.S. economic pie has expanded by $2.2 trillion, an output add-on that is roughly the same size as the total Chinese economy, and much larger than the total economic size of nations like India, Mexico, Ireland, and Belgium.

…here

Paul Krugman’s Brain

…must be spinning in its little tiny coffin, at the recent economic growth and deficit reduction numbers:

Did you know that just over the past 11 quarters, dating back to the June 2003 Bush tax cuts, America has increased the size of its entire economy by 20 percent? In less than three years, the U.S. economic pie has expanded by $2.2 trillion, an output add-on that is roughly the same size as the total Chinese economy, and much larger than the total economic size of nations like India, Mexico, Ireland, and Belgium.

…here

Paul Krugman’s Brain

…must be spinning in its little tiny coffin, at the recent economic growth and deficit reduction numbers:

Did you know that just over the past 11 quarters, dating back to the June 2003 Bush tax cuts, America has increased the size of its entire economy by 20 percent? In less than three years, the U.S. economic pie has expanded by $2.2 trillion, an output add-on that is roughly the same size as the total Chinese economy, and much larger than the total economic size of nations like India, Mexico, Ireland, and Belgium.

…here

A Major Commercial Space Milestone?

There may be one tomorrow, with a successful launch. We need to be developing cost-effective hardware for orbital facilities, and this could go a long way toward that end.

As Jim Oberg points out in Alan’s article (and a concern I’ve long had), Bigelow has always been too passive with respect to helping get launch costs down (though the recent Bigelow Prize will be helpful). It’s too bad that SpaceX couldn’t do the launch for him. Maybe next time.

Hurry, They’re Getting Ahead Of Us

According to this story, the Chinese are going to launch a space station. They don’t have a date, though:

China will launch Shenzhou VII with three astronauts in September 2008, after the Beijing Olympic Games…

After the launch of Shenzhou VII, a space station with 20 tons will be built…

Why wait until after the Olympics? What does this have to do with anything? Unless, of course, the purpose of the program is primarily for national prestige, as opposed to actually accomplishing something that’s important.

And “after the launch of Shenzhou VII” could be anywhere from October, 2008 (unlikely) until…the end of time. But we’d better hurry–we’re in a race!

Hurry, They’re Getting Ahead Of Us

According to this story, the Chinese are going to launch a space station. They don’t have a date, though:

China will launch Shenzhou VII with three astronauts in September 2008, after the Beijing Olympic Games…

After the launch of Shenzhou VII, a space station with 20 tons will be built…

Why wait until after the Olympics? What does this have to do with anything? Unless, of course, the purpose of the program is primarily for national prestige, as opposed to actually accomplishing something that’s important.

And “after the launch of Shenzhou VII” could be anywhere from October, 2008 (unlikely) until…the end of time. But we’d better hurry–we’re in a race!

Hurry, They’re Getting Ahead Of Us

According to this story, the Chinese are going to launch a space station. They don’t have a date, though:

China will launch Shenzhou VII with three astronauts in September 2008, after the Beijing Olympic Games…

After the launch of Shenzhou VII, a space station with 20 tons will be built…

Why wait until after the Olympics? What does this have to do with anything? Unless, of course, the purpose of the program is primarily for national prestige, as opposed to actually accomplishing something that’s important.

And “after the launch of Shenzhou VII” could be anywhere from October, 2008 (unlikely) until…the end of time. But we’d better hurry–we’re in a race!

AOL Free Soon

AOL is pushing the nation to broadband by decreasing the gap between broadband AOL and regular AOL by $15/month. This seems like the biggest and last key tipping point toward US broadband. Dialup AOL will stay the same price. They expect to make up the subscriber fee losses in increased advertising revenue. This will be a tricky transition, but if successful, we could be watching Warner content over the web. TV sales and ad sales could indeed make this a good idea.

In the mean time, AOL is about to give millions of people $180/year. According to WSJ:

Of AOL’s 18.6 million domestic subscribers, about six million get their Internet access from a high-speed provider … AOL would let subscribers with a high-speed connection keep their AOL account free.

Between the Bill Gates foreign policy and the AOL fiscal policy, private America is stealing a march on the Federal Government.

Biting Commentary about Infinity…and Beyond!