Sunday, March 9, 2008
A Sonic Boom
Apparently Boeing lost a bid for a government contract building booms for the United States Air Force. A boom being an airplane that refuels other planes (such as fighter jets) in mid-air. The whole affair created an uproar because the contract instead went to Northrop Grumman, a company under the European Aeronautic Defense and Space Company. Apparently they offered the Air Force a better product. Boeing seemingly didn't realize they were actually competing for the contract, they thought that had it just because they were an American based company. But now they are upset and are calling out the Federal government. Politicians might rally behind this story to make a political point. I hope not though because there seems to be nothing wrong with this decision made by the Air Force. They simply operated by the rules of a global economic marketplace and purchased the best product. Claims of US job losses due to this are overstated. Large over-riding economic issue are far more relevant to the US at this point. Those concerned with jobs in the US should look at the larger picture and look for policies that will make this economy strong again.