Word: wasteã
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...sometimes said by nuclear’s opponents that the “nuclear waste?? problem makes nuclear energy dangerous even today, but this is simply untrue. There is no “nuclear-waste problem.” “Nuclear waste?? is an ideological bogeyman, a catch-all phrase used to justify technical rejection of nuclear energy on grounds that are, in fact, purely political. As far as the technology goes, the United States Navy, France, Japan, and others have been safely storing and reprocessing nuclear waste for over half a century...
Unfortunately, environmentalists’ definition of “waste?? is all-inclusive. If you use less of something after it becomes less convenient, you must have been using too much of it before. One example is Kirkland House, which has only a few dispensers in the entire dining hall and whose students, miraculously, use fewer napkins. The administration calls this phenomenon a decrease in waste. But students use fewer napkins because fewer napkins are available; we don’t know for certain that the change eliminated superfluous napkins...
...surface, choosing not to build “Cold War” systems and reducing “waste?? sounds fine. In reality, both of these actions are flawed. This smorgasbord of cuts goes too far and has the potential to threaten the long-term dominance of American industry, military power, and technology...
...Questioning what constitutes “waste?? in military procurement is difficult. Much like with the domestic stimulus, at some level it is possible to point to nearly any unwanted spending and declare it to be waste. Looked at more dispassionately, what is referred to as “waste?? simply boils down to a disagreement between the government and contractor on how the contract or requirements are interpreted...
...Waste?? is, in fact, most often generated by Congress. There are many ways in which this can occur, but one of the most common, which these cuts contain in spades, is that of wasting sunk research and development costs. For example, suppose $50 billion are spent over 10 years to develop the technology necessary to produce a new airplane. When the plane is finally ready to be built, a recession hits and Congress decides to cancel the plane after only 10 are built. Even though the marginal cost of each aircraft might be only $70 million, these planes...