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>It will definitely slow down innovation

It will definitely slow down innovation. Some projects / aspirations will come off the table completely. Mars? Forget about it. All your mars money will be treating AIDS/Malaria/Cancer/Whatever. All NASA and space exploration money will go to feeding poor people and refugees and all manner of charitable causes, these causes will only ever multiply ad infinitum. I think there is really only money for one or the other. You can have a comfy easy welfare state life, or you can explore and reach for the stars.

You can't do discount Mars, or space exploration on the cheap, you basically can't have both. Your welfare state will make it so that you don't ever really have enough money to actually do any kind of space exploration. Sure you can send cheap drones locally within the solar system, but that's all space exploration will ever be from now on.

Maybe instead of NASA, the money could come from the war budget instead? [1]

[1] http://www.newsweek.com/how-many-trillions-war-has-cost-us-t...

That won't happen. I don't think 'regime change' is going to come off the foreign policy menu, nor is paying back all the debt that is owed. So the space money is going to be eaten by debt payments and more 'regime change' initiatives around the world. I forgot all about foreign policy, I thought there would be no money before, now i KNOW there will be no money for any of that.

Is there a way to have both? Innovation (that matters) plus localized wellbeing? Regulation could force the second to certain extent but I would prefer a market solution.

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