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Report: NASA Ames boosts Bay Area's economy

Original post made on May 13, 2010

The United States economy gets a hefty return on every tax dollar spent by NASA Ames, which generates $877 million a year for the Bay Area's economy alone, according to a new report.

Read the full story here Web Link posted Friday, May 14, 2010, 12:00 AM

Comments (1)

Posted by Skeptic, a resident of Cuesta Park
on May 13, 2010 at 10:28 pm

Let's see - then if we give NASA Ames 2 trillion taxpayer dollars, we'll solve the budget deficit with all that economic impact....

If you could grow your economy through government spending, Greece would be on top of the world.

With that said, if you're going to spend government money then it does make sense to put it into infrastructure and research, since both of those have the potential for long-term economic payoff. So NASA Ames is not necessarily bad - but the report of its impact is either ludicrously oversold or so poorly reported to be meaningless.


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