The failed "Operation Prosperity Guardian" and the disastrous floating Gaza pier are but two recent examples of enormously expensive initiatives that, though they no-doubt enriched military contractors, were incapable of meeting their stated goals.

To great fanfare, last December the Pentagon announced the launch of Operation Prosperity Guardian, a joint US/UK military operation to halt the Yemeni Houthi disruption of Israel-linked commercial shipping through the Red Sea. The Houthis announced their policy in response to civilian deaths in Israel's war on Gaza, but when the US and UK military became involved they announced they would target US and UK shipping as well.

The operation was supposed to be quick and easy. After all, the rag-tag Houthi militia was no match for the mighty US and UK navies. But it didn't work out that way at all. Over the weekend the Wall Street Journal published a devastating article revealing that after spending more than one billion dollars on munitions alone, the operation had failed to deter the Houthis and failed to re-open commercial shipping in the Red Sea.

The Journal reported that Avril Haines, the director of national intelligence, recently told Congress that "the U.S.-led effort has been insufficient to deter the militant group's targeting of ships and that the threat will 'remain active for some time.'"

Meanwhile, the article informed us that a continued US effort to fight the Houthis over Red Sea shipping was "not sustainable." Perhaps the most revealing part of the article comes from a Washington military expert, Emily Harding of CSIS: "Their supply of weapons from Iran is cheap and highly sustainable, but ours is expensive, our supply chains are crunched, and our logistics tails are long."