President Reagan and the $400 dollar hammer?

Does anyone remember back in the eighties when the pentagon paid a contractor over $400 dollars for a hammer? Does anyone remember the name of the Democrat that broke the story? Would everyone agree, this is a great example of privatizing government? Would you agree this is another reason we cut funding... show more Does anyone remember back in the eighties when the pentagon paid a contractor over $400 dollars for a hammer?

Does anyone remember the name of the Democrat that broke the story?

Would everyone agree, this is a great example of privatizing government?

Would you agree this is another reason we cut funding from federal agencies in charge of regulating contracts such as this one?
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