Good point. The Soviet “lead” was never that great, and we soon surpassed them. But Democrats used the opportunity to bash the Eisenhower-Nixon administration as being unprepared and behind the times. In other words they didn’t let a crisis go to waste, even back then.
Now for our 2011 Sputnik moment, whatever that means, there will be no bold new space initiatives and as the shuttle program winds down, tens of thousands will lose their jobs.
Politics is certainly the lowest of all professions.