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You have to consider this issue from the viewpoint of the Taiwanese: They feel they are being overcharged for second-rate US military equipment, and with the GDP indicating negative growth for several years the public is questioning whether or not it is wise to spend more on military items that may not even see service (note the recent arms deal that was stalled for so long, with the diesel submarines which would take at least 15 years to complete delivery)
The general consensus is that all the equipment in the world can't save Taiwan because of its geographical disadvantage, and money can be used in a much more cost-effective fashion by improving first-strike survival capabilities, i.e. by hardening bunkers and runways, building tunnels, etc.
Zerg, we've had this discussion before. If you follow that way of thinking then there's no point in Taiwan having armed forces and it might as well surrender now.
The submarines are effectively on hold until the US finds a builder, with only a bit of money being provided to keep the project going - so that's not a real concern. In regards to the other major deals, PAC-3 and P-3C Orions are not second-rate - you know that, so don't repreat the nonsense being put about by those who oppose the deal.
As to cost, that's what happens by Taiwan wanting to have its cake and eat it (rule itself without pissing off China by making a UDI or changing the Constitution). If Taiwanese want to pay market rates for their arms, they will have to push the Taiwan problem to a conclusion.
Besides we are talking about Sea RAM, something which is not actually that expensive, but would be quite useful. The KMT are not opposed to expensive arms purchases - they've blocked spending in the past because they can't get a bribe as part of the deal. It's also down to politics, squabbling with the DPP because they want to control everything (like redraw the constituency boundaries to suit themselves, not give up their stolen State assets, etc). However, they have (so they say) agreed to the budget being increased this year with the Orions, PAC-2 upgrades to PAC-3 standard and some R&D funds for the submarines.