In defense of defense spending, it's not always the contractor's fault.
One of the biggest misconceptions about "overpriced" military spending is that contractor intentionally inflates prices of everyday items. While that may happen from time to time, most of the blame is on the government representatives that put together the original bids.
The essence of the problem is that when a contract calls for items with very specific details, this adds several major expenses.
First, the contractor needs to spend a certain amount of time doing research to determine if the item already exists, or if it needs to manufacture it. Even if they find that it's an off-the-shelf item, they still needed to pay people to do the research and acquire the items.
Assuming they need to manuf
... [More]
Continue...Who's Responsible For Overpriced Military Spending?...
Idea of the Day!
on...