Trump got twitterpated about the “$4 billion contract” to replace the aging Air Force One planes and sets off the bullshit meter.
Maybe Trump has information that is unavailable to our best news sources, but the planes are supposed to cost about $800 million each, not $2 billion each, as Trump’s tweet suggests. It’s hard to see how there could have been cost overruns this significant in so short a time, especially since the deliverable date isn’t until 2024 and the contracts that have been awarded so far add up to barely more than $150 million.
Of course, the contract could well be cancelled now that the president-elect has recommended it. Boeing’s stock began to plummet immediately. But, again, the only alternative to Boeing is Airbus, and Airbus is already looking to poach Boeing business from China if Trump follows through with belligerent anti-Chinese polices (as he has already begun to do).
So we’d “make America great again” by flying the president around in a plane built by the French?
Josh Marshall thinks he knows what set Trump off. It’s got nothing to do with the price of the contract and everything to do with wounded egos and hurt fe-fe’s.
The article recounts a speech Boeing CEO Dennis Muilenburg gave before the Illinois Manufacturers’ Association on Friday in which he was mildly critical of Trump’s plans both for the Export-Import Bank and more protectionist trade policies. The Tribune story wasn’t the first time the speech was reported on. The Puget Sound Business Journalwrote up the speech on Friday. But a Google search (which is obviously an imperfect measure) suggests that the Tribune story was the only published mention of the speech in the last 24 hours prior to Trump’s tweet. It seems at least plausible that the Tribune story was the first or one of the first reports of the speech Trump or his team saw.
The Constitution says the president must be at least 35 years old. Sadly, it doesn’t specify how mature he must be.