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>The military bought the hammer, Kelman explained, bundled into one bulk purchase of many different spare parts. But when the contractors allocated their engine
by kcatskcolbdi 3y ago
>The military bought the hammer, Kelman explained, bundled into one bulk purchase of many different spare parts. But when the contractors allocated their engineering expenses among the individual spare parts on the list-a bookkeeping exercise that had no effect on the price the Pentagon paid overall-they simply treated every item the same. So the hammer, originally $15, picked up the same amount of research and development overhead-$420-as each of the highly technical components, recalled retired procurement official LeRoy Haugh. (Later news stories inflated the $435 figure to $600.)
"we didn't ACTUALLY spend that much on a hammer, we just averaged it out across a bulk purchase! See, we aren't terrible with money."
Framing something as 'the myth of the $600 hammer' is implicitly pointing to external sources (congress, journalists) and messaging that they 'invented a myth' that the military spent $600 on a hammer. They didn't invent anything. They worked with the information that was provided to them by the military.
If you wanted to discuss the same issue, but under a framing that wasn't disingenuous, you could title it something like 'the reality of abysmal and misleading accounting throughout the military and their contractors'.
- xxpor 3y agoIt's still a story of people getting mad about something they don't understand.
- kcatskcolbdi 3y agoIf someone shoots me in the foot I don't need to understand the mechanics of a gun to get upset about it.
- ceejayoz 3y agoIf someone has a good reason to shoot you in the foot, your being upset about it doesn't necessarily make it the wrong choice.
- fiestaman 3y agoWhat's the good reason for this type of pro rata accounting?
- ceejayoz 3y agoGiven "a bookkeeping exercise that had no effect on the price the Pentagon paid overall", I'd propose "it saved time, which costs taxpayers money". Given the hammer was actually $15, there's presumably a corresponding item that's also listed at $600 for ease of accounting that normally costs something like $1,200. "Pentagon gets 50% off computer monitor" is a less exciting headline, though.