Ben Gilbert: belief

Transcript context

…You're talking about pork barrel politics. Exactly. I think Lockheed has become world class in understanding where their bread is buttered. Yes, their customer is the US government, but the people approving their funding are individual people, these members of Congress who all want to get reelected. Lockheed spreads all these operations around. They employ all these people, and members of Congress love nothing more than creating jobs for their constituents. They hate nothing more than participating in a vote that eliminates jobs. Congress can be simplified to 538 principal agent problems. Contrast that with the team of 50 engineers and 100 machinists that built the U-2. Yeah, of course, the F-22 is a much more advanced airplane than the U-2, but the size of the engineering challenge relative to state of the art technology was way less than the size of the U-2 engineering challenge relative to state of the art technology.…

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