Personally I think we should be looking longer term and doing the things now to set things in place to start leaving the planet and moving outwards rather than leaving it to the point were the planet's eco-system has been damaged to the point that it causes a collapse in society.
The other thing people forget is technology is a progression, you stop researching and technology stalls. You can't then in hundred years just build something massively better than we have now.
Look at reaction engines limited, which are developing sabre engines for a space plane.
However these engines could be used for cheap supersonic passenger flight, military are also super interested. But you can't just get to that stage in one leap. It's taken decades of rocket technology, then decades on the interchanger.
If you just stop funding, we would hover have got to where we are, where private companies are starting to take over from governments. But if governments never spent that money in the first place, you wouldn't have the private companies now.