Thursday 10 July 2014

Scrap the F-35 and house the homeless - US

Australians aren't the only ones who think the F-35 is a complete waste of money. The feeling is also in American circles. This bloke shows just how absurd the amount of money that's been spent on the thing is. In fact just by the cost overrun of this last year of $7.4billion a program could be started, but by using all the F-35 money you could house every homeless person in the US:
On any given night in 2013, the Department of Health and Human Services concluded, there were an estimated 600,000 homeless Americans living on the streets. Numerous studies, however, have showed that rather than putting money into temporary shelters or incarceration, communities have saved millions of dollars by investing in permanent homes for the homeless. A recent report showed that in one Florida community, it cost taxpayers an estimated $30,000 to take the homeless off the streets through traditional methods, but only around $10,000 per person to give them permanent housing and provide job training and other support. Expanding that concept to the Federal level, even taking into account things like varying real estate prices around the country, it’s possible that $7.4 billion would be more than enough to start a program nationwide. With the full amount spent on the F-35 at its disposal, the U.S. could afford to purchase every person on the streets a $664,000 home. more
 

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