The EF typhoon is a mighty fine aircraft and definately no White elephant , the thing is very capable 4.5 generation aircraft and is providing good Air superiority at a decent cost ( compared to the f-22 raptor ) to the people that are using it or intend on using it . Furthermore it continues the the establishment of the strong industrial base which is paramount in the advancement of strategic goals of the member nations . As far as its comparisons to the F-35 are concerned , i find the comparisons quite absurd , the F-35 does not carry An Air superiority BVR or WVR ( or combo) in its internal bays ( we hear 4 Aim-120's in belly ) . The load of 2 aim-120's and 2 Aim-9x's will add to RCS and tilt the balance in my opinion ( no longer will the F-35 enjoy full stealth . Furthermore the EF is not stealth by any stretch of the imagination and its load of 6 Aim-120's or Meteors coupled with 2 ASRAAM"S will boost the RCS aswell ( not to mention tanks) , therefore the comparison regarding which is stealthier is a purely academic one when it comes to a pure A2A CAP scenario and at the moment one aircraft has IOC'd while the other is yet to fly ( that is a seperate issue that first flight is due in about 2 months) . The advantages of the F-35 are in its multi role and the people involved with the F-35 ( from USAF/USN/USMC to RAF and other 6-7 partners) know this , where else can you deliver 2 x 2000lb GPS guided bombs ( they are also developing 2x2000 LGB's for the bays) , 16 LOCAAS , 8 SDB's ( am i correct ) etc etc and still carry 2 AIm-120's for self defence and retain full stealth !!! that is where the advantages of the JSF lies , ofcourse there is a capability to project stealth in a multi role aircraft at a reasonable price ( proposed to be cheaper then EF typhoon) and sollutions to multiple problems . This is the essence of the JSF.
Banking establishments are more dangerous than standing armies