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...McAuley’s piece is grounded in his belief that rich students at Harvard are consciously reducing the level of their consumption in order to demonstrate to their less wealthy peers that they are not immune from the current “economic hardships” most Americans are currently experiencing...
Brent distinctly remembers a story from seventh-grade basketball, in which he was playing point guard and didn’t take a shot the entire game, even passing up wide-open lay-ups in order to give his teammates the ball. After the game, his parents brought him into a room which had a sign that read, “A ship in the harbor is safe, but that’s not what ships are built...
...well, new perpetual bogeyman China or former perpetual bogeyman Russia. Rather, the haste is being driven by Pentagon concerns over looming shortages of F-16 and F-18 jet fighters. And what's causing those shortages? Gates made it clear that the current planes must be retired in order to save money so the military can pay for the F-35. "The Air Force, in order to be able to afford the modernization, is going to have to retire some older aircraft," he said. "That's just a fact of life." Others in the Pentagon call it a self-licking...
...warplane mix of F-22s and F-35s. The Pentagon launched the F-35 Lightning II program a month after 9/11. Over the past eight years, the price-per-plane has doubled - from $69 million to as much as $135 million - even as none of the 2,443 on-order planes have been delivered. The program's cost has soared from $197 billion to as much as $329 billion. Plans to profit from prospective sales of more than 700 of the single-engine, single-seat fighters to eight allied nations are beginning to look like wishful thinking. (See why Robert...
...There was a lot of concurrency built in," Air Force Secretary Michael Donley recently acknowledged, using the military's buzzword for the way the Pentagon builds weapons at the same time it drafts blueprints for them (just like the way you order work on your kitchen addition to begin when the architect is only halfway through her drawings). Carter has conceded that the overlap of design and manufacture on the F-35 is "unprecedented" and - even after Gates' latest changes - "worrying...