Canada reconsidering F-35 purchase amid tensions with Washington, says minister (www.cbc.ca)

submitted 1 week ago* (last edited 1 week ago) by yogthos@lemmy.ml to c/canada@lemmy.ca

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[-] yogthos@lemmy.ml 13 points 1 week ago

I wish they'd just take that 19 billion and use it to make Crown Corps to kick start our industry. Of course, looks like they'll just spend it on different toys for the military instead.

[-] SaveTheTuaHawk@lemmy.ca 13 points 1 week ago

I wish they’d just take that 19 billion and use it to make Crown Corps to kick start our industry.

Then we vote PC and they shut it all down, again.

[-] yogthos@lemmy.ml 3 points 1 week ago

the wonders of liberal democracy

[-] HellsBelle@sh.itjust.works 4 points 1 week ago* (last edited 1 week ago)

Problem is we've already ~~given the $19B the US~~ paid for the first 16 jets and asking for a refund seems pointless with Cunty McCuntface in power.

[-] ninthant@lemmy.ca 11 points 1 week ago

The $19M is a sunk cost.

If we have to throw that away to escape being locked into a lengthy contract with a nation who I had declared themselves to be opposed to us and our allies — that discarded money is well spent.

[-] SaveTheTuaHawk@lemmy.ca 3 points 1 week ago

The $19M is a sunk cost.

All the biomedical research for all diseases, across Canada, for an entire generation. CAF PISSES money.

[-] ninthant@lemmy.ca 10 points 1 week ago

Yes $19M is a lot of money, but to use your terminology this is money that has already been pissed. The economic term for this is “sunk cost” — we aren’t getting those dollars back no matter what we choose.

It’s important to not let sunk costs influence our best course of action is going forward, but this is a challenge because people can get emotionally attached and massively overspend just to avoid feeling like the relatively smaller amount was wasted.

So is the better choice spending billions on F-35s and being locked into a forever contract with a country that is opposed to our interests? Or do we write off $19M and do something else? My vote is the something else.