Wolf Richter writes:
The F-35 is the most expensive weapons program in history, with a total cost of $1.5 trillion, that has turned into a total fiasco.
So here is an 8-minute documentary (with some cool footage of the thing flying, landing vertically, etc.) to give you the willies about how the system works, and what’s wrong with it.
-RW
Surprise, surprise. Socialism and economic central planning isn't an efficient means to allocate goods and services. No prices, no voluntary consumer choice, no profits, no losses equals no economic calculation. There is only political calculation, which has led to a $1T+ boondoggle.
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