In the later years of NASA flown manned space flight there was a tendency to create more read tape then actually fly manned missions using NASA craft.
Private industry has been a blessing.
This is so true. Millions are wasted in the (mainly political) red tape. Plus there came a time with the mentality of "OMG, someone could get hurt" crap. Space is inherently a very risky endeavor. People volunteer to be on the leading edge of life knowing there is always a chance they may never return.
Space is hard, very hard no matter what. And is also why there are necessarily so many PHDs. You gotta know your stuff.
Private space companies are the way forward. They must pay attention to the money and plan for it, where the gummint willy-nilly has wasted it over the decades, over the ever shifting winds of politics. Not to mention nixing plans for Moon and Mars missions in the 1970s.
SpaceX, ULA, and other private launch companies have come a long way virtually unrestricted by politics. Both China and Japan are quickly coming close to being leaders in Space, and Russia is running almost neck and neck. India is sneaking up too.
The West better wake up. They've wasted too much on LEO and NEO projects that, for the most part, have been nothing but a waste with very little fruits of their labor.. They've been frying their eggs, instead of hatching them.