As we have seen in case after case after case, debtors who have engaged in either misconduct or in asset protection planning tend to fare very poorly in bankruptcy.

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They also performed poorly on tests of planning ability.

ECONOMIST: Genetics and behaviour

Businesses and commercial premises: More applications to build commercial and housing developments will be fast-tracked, with developers allowed to bypass local councils if town hall planning departments are believed to be performing poorly.

BBC: Q&A: Housing and planning shake-up

Also, imitations done without the normal operational discipline and strategic planning will fail, just like any other poorly run startup.

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But whether the economy fares prosperously or poorly in the years ahead, Pentagon spending is not going to stay where it is today, and planning on the assumption it will is bad management.

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