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To: goldworldnet who wrote (7035)	5/30/2006 2:40:29 PM
From: J_F_Shepard	Read Replies (1) \| Respond to of 14758

Texas promised to spend 2B but backed out when the program received little national and international support. But you are right, it was finally cancelled in 1993. Here are a good list of reasons for it demise: here are a number of reasons for giving up on the SSC project. 1. Supporters of the project have never demonstrated that its scientific value outweighs that of other, competing scientific projects or the immense cost to taxpayers. 2. Cost estimates for the project continue to escalate far above the original price tag--thus casting considerable doubt on the accuracy of current revised projections. The history of wildly optimistic cost estimates for the SSC is beginning to resemble that of the Pentagon's B-1 bomber. Furthermore, promised international contributions to the project have never materialized, so even greater costs will be imposed on U.S. taxpayers.(4) 3. The commercial applications of the SSC technologies may well be minimal. In any event, the SSC itself will not contribute to the future international competitiveness of American industry. 4. Recent experience with federally sponsored projects has yielded disappointing payoffs for the taxpayer. From the eventually discarded Department of Energy Synthetic Fuels Corporation of the late 1970s to the bedeviled U.S. space program--with the Challenger explosion and the Hubble telescope debacle--the government's "big" projects have been multibillion-dollar disasters. 5. The SSC promises to do little more than provide permanent employment for hundreds of high-energy particle physicists and transfer wealth to Texas. cato.org