coondoggie writes: "The bottom line for NASA as well as any number of government agencies in this new era of sequestration is money — and NASA in this case has too many programs chasing too few dollars. That is just one of a number of bleak conclusions NASA's Inspector General Paul Martin laid out to a Congressional hearing today adding that "declining budgets and fiscal uncertainties present the most significant external challenges to NASA's ability to successfully move forward on its many projects and programs. For the first 6 months of this year, NASA has operated under a continuing resolution that funds the Agency at last year's level of $17.8 billion. Moreover, NASA's share of the Government-wide sequestration cuts reduce that spending authority by $894 million.""
Economists can certainly disappoint you. One said that the economy would
turn up by the last quarter. Well, I'm down to mine and it hasn't.
-- Robert Orben