In 1961, when President John F. Kennedy committed the nation to sending an astronaut to the moon "before this decade is out," the federal budget enjoyed a surplus and economists were calling for government spending to stimulate the economy. Even so, the final price tag still boggles the mind. Between 1960 and 1973, NASA spent $28 billion developing the rockets, spacecraft and ground systems needed for what became the Apollo program. According to a recent analysis by the Planetary Society, that translates into an estimated $288.1 billion in inflation-adjusted dollars. That's roughly equivalent to spending NASA's current annual budget on a single project and sustaining that effort for more than a decade. Now, 50 years after the first Apollo moon landing, NASA is aggressively pursuing a Trump administration directive to return astronauts to the lunar surface in 2024. After five decades of technological progress, NASA will not be starting from scratch, and the total cost will be much lower … [Read more...] about Apollo 11: How much did it cost to land astronauts on the moon?
Consumer price index how much
WASHINGTON — President Donald Trump spoke this past week as if he's unaware that drug prices have gone up and tariffs came before him. His boast that the U.S. never collected a dime on goods from China until he imposed them marked a series of statements misrepresenting how trade works as the two countries escalated their dispute with new and retaliatory taxes on each other's products. Meantime, Russian President Vladimir Putin declared inaccurately that no traces of collusion between his country and Trump's 2016 campaign were found in the "exotic" special counsel investigation by Robert Mueller. A look at some recent rhetoric: TRADE TRUMP: "We've been losing, for many years, anywhere from $300 billion to $500 billion a year with China and trade with China. We can't let that happen." — remarks Tuesday at the White House. TRUMP: "We lost $180 billion with the European Union." — remarks to National Association of Realtors on Friday. THE FACTS: This is not how almost any … [Read more...] about AP FACT CHECK: Trump’s miscues on trade and drug prices
By Alexi Cohan | [email protected] | Boston HeraldPUBLISHED: March 12, 2019 at 10:36 pm | UPDATED: March 13, 2019 at 8:24 am Legislators are eyeing the hotly debated issue of gas tax indexing, which made its way to the surface during a Chamber of Commerce breakfast Tuesday. Gas tax indexing, previously considered as a way to generate funding for transportation, would change the flat 24 cent tax on gasoline and instead tie the rate to inflation. The tax would be dependent on the Consumer Price Index and would increase by a few pennies each year. Voters favored a ballot initiative to repeal indexing in 2014, but they could soon be voting again. “Some members have already approached me on it, they feel that they could support,” House Speaker Robert A. DeLeo said. “It’s never an easy issue to take up, but again, I think we’re at a stage where if we’re going to get serious about addressing this issue then everything and anything has to be on … [Read more...] about Massachusetts legislators mull gas tax indexing
Christopher Rugaber, Ap Economics Writer Updated 12:03 am PST, Friday, January 11, 2019 Government workers, American Federation of Government Employees union members and members of supporting local unions, pose for a group photo during the rally to highlight the effect the federal shutdown, Thursday, Jan. 10, 2019, in Minneapolis. (Leila Navidi/Star Tribune via AP) less Government workers, American Federation of Government Employees union members and members of supporting local unions, pose for a group photo during the rally to highlight the effect the federal shutdown, ... more Photo: Leila Navidi, AP Photo: Leila Navidi, AP Image 1 of / 3 Caption Close Image 1 of 3 Government workers, American Federation of Government Employees union members and members of supporting local … [Read more...] about How’s the US economy doing? Shutdown makes it harder to say
AFTER days of holiday celebrations commuters have been slapped in the face with yet another fare raise. Campaigners have criticised the "staggering" increase which has left many people "priced out of getting to work". So why are tickets more expensive now? How much have rail ticket prices increased? The Rail Delivery Group has already flagged that fares will rise by 3.1 per cent in January. Northern trains will be stung by a very slightly worse 3.2 per cent rise. This follows a 3.4 per cent increase from the start of this year. Govia Thameslink Railway (GTR) operates the Thameslink, Southern and Great Northern rail services, and has flagged a similar 3 per cent rise. C2C, which mainly operates services from the capital to the coast, have also flagged 2.6 per cent increases. Chiltern flagged increases of 2.8 per cent in November. The average traveller will be paying £2,888 for their season ticket this year, £694 a year more than in 2010, according to Labour's analysis. To put … [Read more...] about Train fare increase – how much has the cost of rail travel gone up for 2019 and why are tickets more expensive now?