I always love these topics of colonization. They always bring so much to the table to be bickering about.
Science
Economic
Morality
Religion.
All of these emerge on the mer notion of leaving this space rock in which we sit. However there are sadly many stagnant points which make it hard to get funding for such an thing. Mainly because of people seeking out profit. Remember the movie Avatar? Yeah that seems to be a more realistic way to get funding for research. Or a more cynical Orwellian thought is to control people. Tell them their planet is dying throw a select number of them on a colony ship, send them out, and blam you control an entire society from the ground up. Even a colony would be a eugenics wet dream. As cynical as this sounds there is always that risk when it comes to entities when funding these things. So if its private sector its profits, its government its power. Since its hard to put a price tag on "advancing science for the greater good" or at least to the entities pumping in billions of local currency.
Also what happens when we set up a colony and we find stuff on the place we set it up? How many political nightmares would emerge from countries trying to CLAIM whats under it for themselves? Even if it were logically, and economically impossible at the time to harvest it and snail mail it back to earth, countries,people, and corporations would still see it as an investment and then PUSH for the technology to get it there.
So it depends on how badly you want your colony. Because either way, with our current society, you're going to have to either appease greed, or appease something a bit darker and more creepier then just a fat cat smoking lighting a cigar with a 50,000$ bank bond.
I've put some thought into this.. Mainly because I am writing a story where such an event happened. Most of the population disappeared off of earth on Arks, leaving behind a "Dying" planet, however to the less then 500,000 on it it turns out the planet in fact wasn't dying at all. Now you have a society of people who many of them willingly stayed behind and are picking up the pieces. Yes I wanted to write an apocalypse story without zombies,disease, nuclear war, and aliens.
I do hope for advancement in the field of space travel though.
I think we should try to shoot for the moon first (mainly because we've been there before. It's possible.) , Even as a starting point the research gained from people being there would be invaluable to determine if longterm exposure to colony conditions have negative impacts on the human psyche, as well as what it takes to have a self sufficient society. Also once you get a moon colony set it up it could easily be a docking point for other expeditions.
Until the moon revolts and becomes its own entity and then locks down its ports from us.