Matt I think Ed Crawley "Flexible Path" would be the way to go for America's space programe, however I think the US civilian space programe would become a bit chaotic if an unregulated commercial sector started taking charge or having a dominant role in it, not that NASA's hitherto management of it could be called anything but chaotic. The Russian and Chinese space programes, and in fact the US military programe seems far more ordered and practical. Maybe if you put the USAF in charge of NASA's budget and then invited the commercial sector to take a greater role and attracted foreign space agencies to participate it might work.
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