The other way to look at it is, technology is delivering into the hands of individuals the ability to do what only governments could do earlier. Thus you have Burt Rutan and other ragtag teams able to compete in the new space race to LEO and the moon.
Let the government take care of the weak and protect and preserve, that's what it's mainly for in a society, and leave the adventurism to the adventurous. Obama's steps seem consistent with this.