Lockheed Martin will cut 4,000 more jobs as a result of defense spending cuts.
30,000 jobs have been lost over the past few years.
Defense spending is and has been the only federal spending that has actually provided something for the money. The country remains secure and employment remains higher. Old fashioned notions, I guess.
I guess it's better to shut down all military bases, shudder defense contractor's factories and spend the money on solar companies that provide affordable renewable energy and tons of new jobs.
I mean just look at the stellar results when we give money to companies like:
Evergreen Solar ($25 million)
Solyndra ($535 million)
Beacon Power ($43 million)
Nevada Geothermal ($98.5 million)
SunPower ($1.2 billion)
First Solar ($1.46 billion)
Babcock and Brown ($178 million)
EnerDelís subsidiary Ener1 ($118.5 million)
Amonix ($5.9 million)
Fisker Automotive ($529 million)
Abound Solar ($400 million)
A123 Systems ($279 million)
Willard and Kelsey Solar Group ($700,981)
Johnson Controls ($299 million)
Schneider Electric ($86 million)
Brightsource ($1.6 billion)
ECOtality ($126.2 million)
Raser Technologies ($33 million)
Energy Conversion Devices ($13.3 million)
Mountain Plaza, Inc.($2 million)
Olsenís Crop Service and Olsenís Mills Acquisition Company ($10 million)
Range Fuels ($80 million)
Thompson River Power ($6.5 million)
Stirling Energy Systems ($7 million)
Azure Dynamics ($5.4 million)
Vestas ($50 million)
LG Chemís subsidiary Compact Power ($151 million)
Nordic Windpower ($16 million)
Navistar ($39 million)
Satcon ($3 million)
Konarka Technologies Inc.($20 million)
Mascoma Corp.($100 million).
I sure am glad that we give the president and his political supporters all of our trust. They sure have earned it.
We should just understand that the administration should be held accountable none of this. They didn't know...
They didn't know about Fast and Furious, Benghazi, IRS, NSA, the pervert Kevin Jennings as safe school czar, ZPG whack-job science czar John Holdren, etc., etc., etc.
The progressives at their finest.