The US intends to buy 2,443 Lockheed F-35s. The tab will be a cool trillion dollars.
That's one shit-grip full of duckets.
$1,000,000,000,000One trillion is 13 digits -- a 1 followed by 12 zeros. GAO estimates that the F-35 program will cost US taxpayers $1E12 to purchase, operate, & maintain.
Australia's entire 12-digit GDP is $924 billion.
The culture of endless money that has taken hold must be replaced by a culture of restraint.Nary a peep from our elected officials on yet another military blank-check boondoggle.
~ U.S. Defense Secretary, Robert Gates
Are there higher priorities, like a WPA-like jobs program or re-investing in public education?
Try This With That $1 Trillion
About 6 million of the best & brightest teachers would be needed if the US chose to publicly educate all of our 60 million children, aged 0-14, with a 10:1 student to teacher ratio.
In this thought experiment, we could choose to pay the best and the brightest 6 million teachers an attractive salary of say, $100,000 per year.
Sound ambitious? Sound crazy?
If we dumped the F-35 program, we could have the opportunity to re-build a world-class public school system -- and still have $166,666 in change.
Just sayin'.
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