Neil deGrasse Tyson Warns of the Costs of Cutting NASA

Neil deGrasse Tyson elements exactly what types of positive externalities come out of funding NASA. Currently we fund NASA half a penny for every tax dollar collected. Tyson suggests that a doubling of the funding of NASA to just 1 penny for every tax dollar would change the culture of a nation. I agree. In economics, reference the Romer Model. Furthering on the Solow Model, a landmark model in macroeconomics, Romer pointed to technology being not only the determinant of growth, which Solow suggested, but that the function of technology growth is based upon the population of a nation, the percentage of people focused on research, and then the direct improvements based upon that technology.

Positive macroeconomic growth in the nation is based on a shift in focus from just short run growth with sales, to making the investment in research for tomorrow. I agree 100% with Neil deGrasse Tyson, and I disagree with the trend of defunding NASA that President Obama is continuing. If our future generations are to compete, NASA, education, and infrastructure are what we need to focus on. Give a free market the tools to succeed, and let this nation bloom, that is a strong government mindset.

Watch the interview with Neil deGrasse Tyson on Fox Business:
http://video.foxbusiness.com/v/1483676909001/the-costs-of-cutting-nasas-budget/