The same process occurs anywhere billions of public dollars/euros are involved, and it is not easy to track what they are supposed to buy, or how quickly results should be expected.
Since commercially competitive fusion power is already known not to be possible, no actually-useful result need ever be achieved. The longer it takes to get to the ultimate failure, the better it is for everybody actually involved. Taxpayers excepted, of course.
I missed that law of physics which says commercial fusion power is impossible.
Massively subsidized commercial (I should qualify, here, hot-neutron) fusion power seems technically possible, and could even happen, given enough corruption. But total cost to the public will necessarily be overwhelmingly more than long mature (by then) alternatives.
It starts out many tens of $billions in the hole, before the first watt-hour comes out. And taxpayers are already paying for that, today.
Mealy-mouthed wishy-washiness should not be rewarded.
The reason is likely just incompetence and management failure, not conspiracy to swindle money.