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I doubt diverting funding from such experiments will do anything to put us amongst the stars. The funding for such projects as LIGO is a tiny compared to other national endeavours, and would do nothing to further the goal of making us a space faring species. I do not believe it is a matter of economics, but political will.
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You hit the nail on the head there, although I can think of a few useless areas they pour good money into that gets wasted, which would be better spent on space research, health etc.