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Favorites April 30th 2022: The F-35 and the FTC

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Favorites April 30th 2022: The F-35 and the FTC

David Watson
May 1, 2022
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Favorites April 30th 2022: The F-35 and the FTC

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Niagara Falls, 2018
Twitter avatar for @scottlincicome
Scott Lincicome @scottlincicome
"FTC Chief Khan Vows to Address Sinking Staff Morale" theinformation.com/articles/ftc-c…
Image
4:31 PM βˆ™ Apr 30, 2022
8Likes1Retweet

One of the interesting takes I saw about this was that leading the FTC is a management job, and Khan is an academic. Switching to management can be a huge mistake sometimes, it feels like maybe the FTC is too large an organization to be the place to experiment with management.

Twitter avatar for @Noahpinion
Noah Smith πŸ‡πŸ‡ΊπŸ‡¦ @Noahpinion
The real solution to military procurement, rather than slashing spending, is to introduce more competition. Defense spending should not mean shoveling ever more money to Lockheed Martin and Raytheon.
Twitter avatar for @elidourado
Eli Dourado @elidourado
Lockheed: it’s a risk to our business that DOD is starting to care about fast delivery and value for money. https://t.co/xNiYnKflWB
5:00 PM βˆ™ Apr 30, 2022
334Likes25Retweets

Introducing competition and focusing on not over-specifying details is the way to avoid F-35 style debacles. If we're going to spend a ton of money on military, best not to waste it.

Threads

β€’ Thread that covers Ukraine's export situation. Because Russia has their ports blockaded, all their shipping must be by rail, but they use a different rail gauge than the rest of Europe. There are currently stations at the border where the rail cars switch out their bogies, (equivalent to what we call a railcar truck in the US).

β€’ A deeper dive into the FTC dissatisfaction situation

β€’ History lesson on the original lend lease act, and how it differs from the modern one helping Ukraine.

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Favorites April 30th 2022: The F-35 and the FTC

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