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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: maceng2 who wrote (32329)4/24/2003 6:39:40 PM
From: Raymond Duray  Read Replies (2) of 74559
 
GUNS OR BUTTER

PB,

The Sukhoi SU-30 seems like a bargain compared with the outrageous cost overruns we are seeing on the F-22. I doubt the JSF will be much of a bargain either, once the thing is fully developed. However, we do need to put this all in perspective:

"Every gun that is made, every warship launched, every rocket fired signifies, in the final sense, a theft from those who hunger and are not fed, those who are cold and are not clothed. The world in arms is not spending money alone. It is spending the sweat of its labourers, the genius of its scientists, the hopes of its children... This is not a way of life at all, in any true sense. Under the cloud of threatening war, it is humanity hanging from a cross of iron." --President Dwight D. Eisenhower, Speech in 1953
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