PPRuNe Forums - View Single Post - F-35 Cancelled, then what ?
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Old 10th Jan 2013, 12:01
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Bastardeux
 
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Care to validate that comment with some facts?
With the continuation of the bush era tax cuts to the vast majority of tax payers and capital gains tax going up by only 5%, rather than the 25% originally envisioned; the republicans are now completely closed to any further tax rises. The US will get away with not reaching the 195% of GDP debt ratio by 2035, but it will still pile well into the 100%-130% range if the current spending trends continue. At $1.5 trillion over a lifetime, do you think the F35 will make it through unscathed? I highly, highly doubt it!

The US navy may even be happy to sacrifice it, if some rumours are true!

And the appointment of Chuck Hagel, the DoD budget's equivalent of the texas chainsaw massacre, as Secretary of Defense makes the whole situation more depressing for them.
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