Thursday, February 09, 2006

"Low prices" the government pays for the lowest bidder

This is why the space shuttle keeps falling apart. Because the government gives the contract to the lowest bidder. Just look at these ridiculously low prices *rolls eyes* and see for yourself.
  • Bolt (machine) initial estimate $40; actual price paid $1,887;
  • Hub (body) - initial estimate $35, actual price paid $14,529;
  • Nut (self-locking) - initial estimate $2.69; actual price paid $2,185; and
  • Radio (transformer) - initial estimate $683, actual price paid $11,701.
  • Source
This is paid with our tax dollars. You'll understand now how when they order a large supply of this how it costs $200M.

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