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Lord, Lance W. "Why America Needs Space: The Prerequisites for Success." High Frontier Journal. Vol. 2, No. 1 (September 2005): 2-3. [ 2 quotes ]

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Space Assets are Vital Component of Global Economy
 
For many Americans, the most visible images of space are the Space Shuttle and the International Space Station. These programs have accomplished amazing things and have greatly contributed to our quality of life. ... In total, today's space industry exceeds $100 billion annually world-wide, and is projected to exceed $150 billion per year by 2010. We could do without space capabilities, but only if we are willing to step back in time about 30 years. ( More ... )
Lord, Lance W. "Why America Needs Space: The Prerequisites for Success." High Frontier Journal. Vol. 2, No. 1 (September 2005): 2-3. [ 2 quotes ] [ page 2 ]
Space Assets are Critical to U.S. Economy and National Security
 
In the simplest terms, America needs Space for its National Security and the survival of our way of life. We need space just as we need land, air, and sea forces. Removing one of those components of our National Security would render us incapable of defending the Nation. Removing space from the equation not only cripples our land, air and sea forces but it would have catastrophic consequences to our entire economy. In 1998, we saw firsthand what the loss of a satellite could do to our economy and way of life. Galaxy IV lost its Earth orientation, wiping out pager traffic for 40 million pagers in the US, halting credit card transactions and ATM machines, and knocking TV and radio stations off the air. Space is beyond a joint warfighting catalyst; it is a universal necessity and must be protected as such. It is important though, to recognize there are many different perspectives on the relevance of space. ( More ... )
Lord, Lance W. "Why America Needs Space: The Prerequisites for Success." High Frontier Journal. Vol. 2, No. 1 (September 2005): 2-3. [ 2 quotes ] [ page 2 ]