I really think that what they would have had to decide in 1938 was "we want to lose this war" and then they might have had jets earlier.
Jet planes remained expensive, promising and fraught with issues for a long time. It does not seem at all clear that anyone was going to be able to make war winning numbers of jets by the early, or even mid, 40s. The allies not going for broke making jets should not be seen as a sign they couldn't have done it. It should be seen as a sign they were smart enough not to try. Overwhelming numbers of good, mature technology was going to win the war, and did.
Sure, they funded R&D. That was the smart back up plan and it was going to be needed post war. But logistics and organization was key and could beat "wunderweapons" tossed out by an increasingly frantic overwhelmed enemy.
Jet planes remained expensive, promising and fraught with issues for a long time. It does not seem at all clear that anyone was going to be able to make war winning numbers of jets by the early, or even mid, 40s. The allies not going for broke making jets should not be seen as a sign they couldn't have done it. It should be seen as a sign they were smart enough not to try. Overwhelming numbers of good, mature technology was going to win the war, and did.
Sure, they funded R&D. That was the smart back up plan and it was going to be needed post war. But logistics and organization was key and could beat "wunderweapons" tossed out by an increasingly frantic overwhelmed enemy.