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> The Vinson-Trammell Act limited profits on government contracts to just 12% (later reduced to 8%) What the actual _hell_ happened to this idea?
by dclowd9901 2y ago
> The Vinson-Trammell Act limited profits on government contracts to just 12% (later reduced to 8%)
What the actual _hell_ happened to this idea?
- Manuel_D 2y agoIt's still in force, unfortunately. Cost plus incentives unnecessarily expensive projects. If the government orders 100 planes and your profit is fixed at 8% of cost, do you want to build a $10 million dollar plane or a $20 million dollar plane?
- dclowd9901 2y agoPoignant. I hadn’t thought of it that way.