"F-35 jet program’s cost soars to $382b" by Bloomberg News | June 2, 2010
WASHINGTON — The projected cost of
The Pentagon’s cost-analysis office reports that the price per plane, including research, development, and construction costs, is now $112.4 million, the official said. That’s about 81 percent over the original estimate of $62 million.
They are called COST OVERRUNS and GOVERNMENT JUST PAYS 'EM!
The production cost alone of each plane is estimated at $92.4 million, almost 85 percent higher than the $50 million projected when the program began in 2002, the Pentagon told Congress.
The F-35 is the military’s next-generation fighter.
The Pentagon doesn't even want it.
Designed for missions that include bombing and air-to-air combat, it will be used by the Air Force, the Navy, and the Marine Corps. It will replace such aircraft as the F-16, A-10, and Harrier that are flown by the Marines and Britain.
The program is already four years behind schedule on key milestones, including completing the development phase and combat testing, and beginning full-scale production.
Then SCRAP IT!!!
The delays and cost growth are the consequence of a major wing redesign, inefficient production, testing problems, and slow deliveries from suppliers.
I don't want excuses and apologies.
--more--"
Also see: Obama Cuts Defense Budget Less Than One Percent
Brown Steps Into Kennedy's Boots
MSM Xmas Gifts: War Profiteers
Meet Your Antiwar New England Liberals
They seem well-fed....
"More than 40m now use food stamps" by Bloomberg News | June 3, 2010
WASHINGTON — The number of Americans receiving food stamps in March topped 40 million for the first time as the jobless rate hovered near a 26-year high.
But the economy is recovering, blah, blah.
Recipients of Supplemental Nutrition Assistance Program subsidies for food purchases totaled 40.2 million, up 21 percent from a year earlier and 1.2 percent more than in February, the Department of Agriculture said yesterday in a statement on its website. The number of recipients has set records for 16 straight months....
One guy is eating good though: Obama Talks With His Mouth Full
You wanna pick up that check, Americans.
Food stamp use will rise as joblessness persists and the government tries to get more eligible families onto assistance, the USDA said.
An average of 40.5 million people, more than an eighth of the population, will get food stamps each month....--more--"
