Tag: garbage

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free trade & free markets general freedom national politics & policies

Junk Force

space junk, NASA, Space Force, TESLA, space exploration

A Space​.com news story indicates a big problem and a new role for government — or industry.

“The Infra-​Red Calibration Balloon (S73‑7) satellite started its journey into the great unknown after launching on April 10, 1974 through the United States Air Force’s Space Test Program,” writes Meredith Garofalo. “While in orbit, the original plan was for S73‑7 to inflate and take on the role as a calibration target for remote sensing equipment. After this failed to be achieved during deployment, the satellite faded away into the abyss and joined the graveyard of unwanted space junk until it was rediscovered in April.”

It’s a complicated story; the satellite never really worked properly. Which raises the space junk problem.

The biggest polluter is governments. Space agencies. And the corporations contracting to put up satellites. And the military that puts stuff up we know nothing about.

“[A]s more and more satellites head into space,” explains Garofalo, “the task will become even greater to know what exactly is out there and what threats that could pose.”

When Trump boasted of creating the Space Force in 2019, a lot of people scoffed. I didn’t.*Somebody’s got to do the dirty work, and it does look like Space Force personnel see an important role to be filled, that of garbage men in orbital space. Since the more than 20,000 objects in orbit — and their associated random debris — were put there by governments, maybe governments should clean it up. 

The future of space industry could be hampered, should the problem continue to grow — though, in the end, it may be industry that will take over the task. After all, space litter’s more dangerous than most terrestrial “externalities.”

This is Common Sense. I’m Paul Jacob.

* Also, in no small part, because ceding outer space to China and Russia seems like a bad idea. 

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Accountability folly local leaders moral hazard porkbarrel politics responsibility term limits too much government

Most Messed Up

Illinois, budget crisis, garbage, term limits, spending, responsibility, Junk Bond, Moody's

“Politicians are notorious for making promises they can’t keep,” Matt Egan reports at CNN Money. “But they really outdid themselves in Illinois — and now the state is paying for it.”

Egan dubs the state “America’s most messed-up.”*

No wonder the state has the worst outbound migration in the nation — or, as Egan puts it: “people are leaving in droves.”

On June 1, Moody’s and S&P Global Ratings downgraded the state’s credit rating to one notch above so-​called “junk bond” status. “Illinois has suffered 21 downgrades from the three major ratings agencies since 2009,” the Illinois Policy Institute informs, and now has the lowest credit rating of any state, making it more expensive to borrow. Even with passage of a budget — finally, after three years of the legislature failing to fulfill its constitutional duty — the threat of a further downgrade still looms.

“After decades of historic mismanagement, Illinois is now grappling with $15 billion of unpaid bills and an unthinkable quarter-​trillion dollars owed to public employees when they retire,” the article explains.

Decades of mismanagement? Perhaps the problem was inexperienced legislators, lacking the necessary expertise to do their crucial jobs, because of term limits. Except that Illinois doesn’t have term limits.

In fact, Illinois sports the nation’s longest-​serving Speaker of the House in modern times. Mike Madigan has been speaker for 32 of the last 34 years, since 1983. Call him “Mr. Experience.” Madigan is recognized as the most powerful man in state government. 

All that leadership experience … leading citizens to experience much pain and suffering.

This is Common Sense. I’m Paul Jacob.

 

* That’s in the headline. In the article, Egan explains the mess as “the inevitable result of spending more on pensions and services than the state could afford — then covering it up with reckless budget tricks.”

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