There US Army generally has one tourniquet that it’s deemed best. The CAT by North American rescue. Every Soldier is awash in these things. They hand them out like candy on Halloween. And rightly so.
But the Government has to buy them from businesses that meet certain characteristics. Woman owned, etc. That’s a great thing, right?
In this case however, that female owned business is the guy who invented the things wife. Who he sells them to at a mark-up. Who then sells them to the government.
Economy of scale? Ya! They are the number one buyer and pay the most. Honestly, who cares though, it’s only a couple million a year. Drop in the bucket.
How did Boeing fail? Death by a thousand cuts. That same story probably plays out across the entire supppy chain. Every part, every product, every supplier. Compounded over and over again.
That sounds like embezzlement in the USSR but painted with capitalism colors. Quid pro quo siphoning at every layer, undetectable as a whole, but a giant boulder of dead weight for the system.
But the Government has to buy them from businesses that meet certain characteristics. Woman owned, etc. That’s a great thing, right?
In this case however, that female owned business is the guy who invented the things wife. Who he sells them to at a mark-up. Who then sells them to the government.
Economy of scale? Ya! They are the number one buyer and pay the most. Honestly, who cares though, it’s only a couple million a year. Drop in the bucket.
How did Boeing fail? Death by a thousand cuts. That same story probably plays out across the entire supppy chain. Every part, every product, every supplier. Compounded over and over again.