Last year alone, the cost overrun for the F-35 was $7.4 billion. Billion.
Just days before its international debut at an airshow in the United Kingdom, the entire fleet of the Pentagon's next generation fighter plane -- known as the F-35 II Lightning, or the Joint Strike Fighter -- has been grounded, highlighting just what a boondoggle the project has been. With the vast amounts spent so far on the aircraft, the United States could have worked wonders, including providing every homeless person in the U.S. a $600,000 home. |
Read the rest of the story HERE:
At thinkprogress.org
Scott Baker is a Managing Editor & The Economics Editor at Opednews, and a former blogger for Huffington Post, Daily Kos, and Global Economic Intersection.
His anthology of updated Opednews articles "America is Not Broke" was published by Tayen Lane Publishing (March, 2015) and may be found here:
http://www.americaisnotbroke.net/
Scott is a former and current President of Common Ground-NY (http://commongroundnyc.org/), a Geoist/Georgist activist group. He has written dozens of (more...)