Friday, June 8, 2012

30 years of graft and rent seeking

Operation: Barking Mad continues.

The fleet is being enlarged because of concerns over increases in the naval forces of Australia's Southeast Asian neighbors, in particular China which is in the process of introducing its first aircraft carrier.
Even if no one knows how to keep 6 subs crewed and operational. I would prefer any 5 year plan that put subs in the water over the the white-elephant inspired by the Entrenched Defence Bureaucracy.

Good luck.

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