Did the TSR2, P1154 and AW681 really "get the politics wrong"?

Hawker’s Sir Sydney Camm once mused, “All aircraft have four dimensions: span, length, height and politics. TSR2 simply got the first three right”. But was he correct?

The sole flying TSR2 prototype, XR219, between sorties at Boscombe Down. Lord Mountbatten’s playing cards — or, more likely, photos — showing how many Buccaneers you could buy for one TSR2 enjoyed many airings during this period.
The sole flying TSR2 prototype, XR219, between sorties at Boscombe Down. Lord Mountbatten’s playing cards — or, more likely, photos — showing how many Buccaneers you could buy for one TSR2 enjoyed many airings during this period. BAE SYSTEMS

On taking office in October 1964, Labour Prime Minister Harold Wilson’s first appointment was James Callaghan as Chancellor of the Exchequer. In his in-tray were a balance of trade deficit of £800 million — £10.9 billion at current values — and sterling under pressure. During his first day as Chancellor, Callaghan came across his Conservative predecessor, Reginald Maudling, in 11 Downing Street. After exchanging pleasantries, Maudling gathered up his belongings and made for the door. He turned to Callaghan and said, “Good luck, old cock. Sorry to leave it in such a mess.”

The “mess” was econ

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