Alliedassault - View Single Post - army ends 20-year helicopter program

ninty · 02-25-2004, 01:34 PM

It happens in every govt. Not just the states.

It's a sunk cost guys. Any accountants out there?

Governments need to decide whether going on with the project is benificial regardless of how much money has been spent. 1 dollar or 100 billion dollars, it doens't matter.

Anyway, the point is it's not "wasted" money. Would you rather them spend the rest of the money for the program and thn the hellicoptors sit in storage forever? If you nip it in the butt now, you're actually saving money.

The ideal situation would have been to figure out that the program was shit from teh beginning before any money went into it, but that hardly ever happens.

God I hate accounting.

	(#10)
ninty is Offline Major General Posts: 12,683 Join Date: Jan 2002 Location: Calgary	02-25-2004, 01:34 PM It happens in every govt. Not just the states. It's a sunk cost guys. Any accountants out there? Governments need to decide whether going on with the project is benificial regardless of how much money has been spent. 1 dollar or 100 billion dollars, it doens't matter. Anyway, the point is it's not "wasted" money. Would you rather them spend the rest of the money for the program and thn the hellicoptors sit in storage forever? If you nip it in the butt now, you're actually saving money. The ideal situation would have been to figure out that the program was shit from teh beginning before any money went into it, but that hardly ever happens. God I hate accounting.