Category Archives: Business

The New Air Force Launch Procurement

Some thoughts from “Main Engine Cut Off.”

I’m glad to see that Congress isn’t pushing the AR1 as hard as it’s been. This looks, ultimately, like bad news for AJR. They’re going to have to become more competitive if they want to maintain their business. They’re trying to do it with printing engine parts, but I don’t know if it will be enough. They’re going to have to really slice overhead, I think.

The National Debt

The budget cuts don’t go deep enough:

The chart is brutally bipartisan. Debt increased under Republican presidents and Democratic presidents. It increased under Democratic congresses and Republican congresses. In war and in peace, in boom times and in busts, after tax hikes and tax cuts, the Potomac flowed ever deeper with red ink.

Our leaders like to talk about sustainability. Forget sustainable — how is this sane?

Yet when any politician hesitates before increasing spending, he’s portrayed as a madman. When Paul Ryan, R–Wis., offered a thoughtful plan to reduce the debt over decades, he was pushing grannies into the Grand Canyon and pantsing park rangers on the way out.

One of the many cons of Trump is that his budget cuts are going to solve the problem, when they don’t even scratch the surface. I’m not opposed to them, in general, mostly because I think they’re funding things that aren’t a federal responsibility, but it’s ludicrous to think they’ll have any significant fiscal effect. As long as he refuses to touch entitlements, we’re fiscally doomed.