Systemic inefficiencies aside. I wonder how much of that is a public funding feedback loop? The cost gets higher, because the standards, requirements, and processes are stricter, because there is the need to validate the use of public funds, exacerbated by being higher, increasing the standards/requirements etc etc... Especially in a political environment where there is no shortage of sniping funding for points.

Regardless, first thing it reminded me of was that interview quote about how if nasa had SpaceX track record they would have lost funding long ago. Is there a US political landscape, even back to 2008-2016, where that isn't the case?