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I don't think we have enough population to sustain such an endeavour. It was fine in the days of the Jindivik (sp?) and basic rocket research but the cost of space exploration these days is exhorbitant.
We share in investments in a number of telescopes - radio and visual - and without sitting down and doing some sort of costing exercise (which with my current knowledge would be pointless) I would guess that's about as much as the tax payers can handle.
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