Monday, April 30, 2018

Refusing to Buy Homes on the Hill will Help Reduce the National Debt

   It is thought that there are only two ways of attacking the national debt: Either cut programs or tax sufficiently.
   I venture to say there is a third way: Reduce costs for the things you do buy. If you are paying for health care, bring the cost of health care down. If you are buying fighter jets, reduce the costs.
   And, I will tell you: This third way of attacking the national debt is, to me, the best way of all. It's new. It's never been heard of. But, yes, there is no better way to go about reducing the national debt.
   I'm not saying don't pursue the other two angles. Do tax appropriately and do cut unnecessary programs. But, also cut the bill for the things you are buying. If you cut the price tag, you can afford to keep more things.
   How much does a fighter jet cost? It seems I remember it is in the ballpark of $14 million. Now, you take all the metal parts, and all the cost of making them, and it just isn't going to come out to $14 million. I mean, go out and buy the metals, paying the going rates, and it isn't going to cost even a million. Fabricate those parts. It won't cost all so much. Pay workers to place all the parts together. Still the fighter jet is not coming anywhere near $14 million.
   So, where is all the money going? Product development? Sorry, I'm not buying.
   What costs so much is the the price of buying nice homes for company executives. What is so expensive is that these company executives live high on the hill. That's the biggest expense of all in making an F-15.
   As long as we let government contractors get away with it, they will charge ridiculous prices. We can be fools and throw our money away and continue to run up the national debt, or we can open our eyes and see what is going on and refuse to be duped.

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