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What Went Wrong With the F-35?

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The Pentagon is trying to argue that just because taxpayers have flushed more than $100 billion down the proverbial toilet so far, we must continue to throw billions more down that same toilet. That violates the most elementary financial principles of capital budgeting, which is the method companies and governments use to decide on investments. So-called sunk costs, the money already paid on a project, should never be a factor in investment decisions. Rather, spending should be based on how it… (www.ien.com) Más...

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joelwiley
joel wiley 1
Would a more easily answered question be "what went right?"?
Maustintx
Maustintx 1
This is why America ranks 32nd in the world on education. Just imagine how great our educational system would be if that money was spent there, we could probably all get college degree at no cost too. Then hopefully we'd be smarter than this ;-)
linbb
linbb 0
Thought we already had all the info needed on this subject.

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