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3 days agoI was at a military industry conference a month or so ago, with several flag level officers giving talks. The total amount of lost years of experience and senior leadership in the military and intelligence agencies is staggering. It is going to take generations to recover.
I mean, yes, that is bad… but the biennium budget for 2011-2013 was around $60 Billion, which means this project represented about half a percent of the overall budget. The current budget deficit is around $60 Million, but the kicker from 2024 was a record $5.6B in unexpected surplus.
The Oracle debacle is a good representation of why government contracting can be a mess, but I don’t think that project caused such a big long-term financial problem. Putting a toll on the I-5 bridge into/from WA is a massive issue, I agree with you there.