Cost
From 1964 until 1973, a total of $6.5 billion ($46.56 billion present day) was appropriated for the Saturn V, with the maximum being in 1966 with $1.2 billion ($8.6 billion present day).
One of the main reasons for the cancellation of the Apollo program was the cost. In 1966, NASA received its biggest budget of US$4.5 billion, about 0.5 percent of the GDP of the United States at that time. In 1969, the cost of a Saturn V including launch was US $ 185 million (inflation adjusted US$ 1.17 billion in 2012).
Read more about this topic: Saturn V
Famous quotes containing the word cost:
“Every new stroke of civilization has cost the lives of countless brave men, who have fallen defeated by the “dragon,” in their efforts to win the apples of the Hesperides, or the fleece of gold. Fallen in their efforts to overcome the old, half sordid savagery of the lower stages of creation, and win the next stage.”
—D.H. (David Herbert)
“The one regret I have about my own abortions is that they cost money that might otherwise have been spent on something more pleasurable, like taking the kids to movies and theme parks.”
—Barbara Ehrenreich (b. 1941)
“It is not enough for theory to describe and analyse, it must itself be an event in the universe it describes. In order to do this theory must partake of and become the acceleration of this logic. It must tear itself from all referents and take pride only in the future. Theory must operate on time at the cost of a deliberate distortion of present reality.”
—Jean Baudrillard (b. 1929)