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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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From: John McCarthy	2/2/2010 8:00:18 PM
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NASA to lose 7,000 jobs +++++++++++++++++++++++++++++ the expected loss of 7,000 jobs in Florida when the space shuttle is retired next year. +++++++++++++++++++++++++++++ SNIP White House spokesman Nick Shapiro said Sunday, "The president is committed to a robust 21st-century space program, and his budget will reflect that dedication to NASA. NASA is vital not only to spaceflight, but also for critical scientific and technological advancements. The expertise at NASA is essential to developing innovative new opportunities, industries and jobs. The president's budget will take steps in that direction." The administration estimates the new funding for the commercial program would create up to 1,700 jobs, which could help offset the expected loss of 7,000 jobs in Florida when the space shuttle is retired next year. washingtonpost.com

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