Canada

It is absolutely wild that you linked an article you clearly did not comprehend. The decision lab link literally says you should not let past unrecoverable costs influence future rational decisions which is exactly what you are advocating for when you cry about needing to see a return on investment for obsolete equipment. 🤣

But the absolute funniest part of your rant is you confidently claiming five axis CNC machines did not exist thirty years ago in 1996. The United States Air Force and MIT literally pioneered continuous five axis machining back in the late 1950s for complex aerospace components. Just because the specific low tier job shops you worked at in the nineties were still banging rocks together on manual knee mills does not mean the rest of the advanced manufacturing world was stuck in the stone age.

Your reading comprehension is also genuinely struggling if you think pivoting from building military aerospace parts to building commercial aerospace parts is the exact same thing as a factory pivoting to running a medical hospital. One is swapping the end product of an established heavy manufacturing supply chain and the other is a completely different sector of the human economy. And your claim that heavy industry conglomerates cannot survive a temporary twenty percent revenue dip is just mathematically false for any publicly traded defense prime. These companies maintain massive cash reserves and heavily diversified commercial portfolios specifically to weather procurement cycles and bridge the gap during retooling phases. If a massive heavy industrial firm instantly vaporizes because a single contract gets cancelled they are a spectacularly mismanaged financial garbage fire.

Finally you ended the whole thing by daring me to name any industry the government has forced to transition. Have you literally ever heard of the Defense Production Act or maybe basic environmental regulations. The US federal government literally forced the entire global refrigeration industry to completely pivot and retool when they banned chlorofluorocarbons. They forced the entire automotive supply chain to retool when they mandated catalytic converters and banned leaded gasoline. When the government changes the legal requirements for a product or completely alters their procurement strategy the industry adapts and survives or they stubbornly cling to their task specific machines and go bankrupt. Either way the capital gets reallocated whether you understand basic macroeconomic shifts or not.