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Florida's economy prepares for the loss of jobs after the final shuttle flight, scheduled for...
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Friday, July 8, 2011, 10:51 AM ETFlorida's economy prepares for the loss of jobs after the final shuttle flight, scheduled for later this morning, adding to 3,200 already slashed. NASA Administrator Charles Bolden expects spaceflight firms to take up the slack, as the agency awards $269M to Sierra Nevada, SpaceX, Blue Origins and Boeing (BA -1.4%) to promote space travel.
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Putting in new lines to urban areas is easier said than done. Most areas are heavily built up, so it would require seizing of property, and what ever the government deems as compensation to the property owner (costing more $$). Florida's problem is, it went for construction of structures without adequate consideration of infrastructure. The cost to the state which is already in financial trouble is enormous.
The US is designed substantially different from Europe and Asia. Our sprawl is what makes mass transit so inefficient in this country.