Cost Growth

With a projected cost of $388 Billion, the Pentagon's F-35 program is becoming today's poster for what in the 1980s Washington Post cartoonist Herblock depicted as a $600 toilet seat hanging around the neck of then Secretary of Defense Casper Weinberger.

As the Pentagon's $300 billion F-35 Joint Strike Fighter program continues to unravel, it is useful to remind ourselves who told us all of this would happen, and who might now be making foolish prognostications.