Launch costs

On 11/07/11 01:35, Richard Stephens wrote:
Do we have the technology to build a fully reusable space plane that has
the carrying capacity of the Shuttle and that can operate for no more
than $50 million per launch?

Yes.

If so, why isn't NASA doing it?

Because, along with Greece, Spain and Ireland, the US has run out of money.
In case you hadn't heard, it's China's turn to do the big stuff for the
next fifty years or so.

I,JM