There Is Plenty To Cut At the Pentagon

Hugh Pickens writes "William D. Hartung, director of the Arms and Security Project at the Center for International Policy, writes that although we have been bombarded with tales of woe about the potentially devastating impacts of cutting the Pentagon budget 8% under the sequester, examples of egregious waste and misplaced spending priorities at the Pentagon abound. One need look no further than the department's largest weapons program, the F-35 combat aircraft, which has just been grounded again after a routine inspection revealed a crack on a turbine blade in the jet engine of an F-35 test aircraft in California. Even before it has moved into full-scale production, the plane has already increased in price by 75%, and it has so far failed to meet basic performance standards. By the Pentagon's own admission, building and operating three versions of the F-35 — one for the Air Force, one for the Navy and one for the Marines — will cost more than $1.4 trillion over its lifetime, making it the most expensive weapons program ever undertaken. And in an era in which aerial combat is of diminishing importance and upgraded versions of current generation U.S. aircraft can more than do the job, it is not at all clear that we need to purchase more than 2,400 of these planes. Cutting the two most expensive versions of the F-35 will save over $60 billion in the next decade."

Comments

Re:I say cut the F-35

[nbauman]

Social Security isn't bankrupt.

To quote Paul Krugman:

http://www.nytimes.com/2010/08/16/opinion/16krugman.html

But neither of these potential problems is a clear and present danger. Social Security has been running surpluses for the last quarter-century, banking those surpluses in a special account, the so-called trust fund. The program won’t have to turn to Congress for help or cut benefits until or unless the trust fund is exhausted, which the program’s actuaries don’t expect to happen until 2037 — and there’s a significant chance, according to their estimates, that that day will never come. ...

What’s really going on here? Conservatives hate Social Security for ideological reasons: its success undermines their claim that government is always the problem, never the solution. But they receive crucial support from Washington insiders, for whom a declared willingness to cut Social Security has long served as a badge of fiscal seriousness, never mind the arithmetic.