Industry says defense cuts mean lost jobs
More than 2 million jobs could be lost if Congress does not agree on a budget plan by the end of the year, according to a defense industry group's report on a budget bill that would cut total federal spending by more than $1 trillion over the next decade.
Join the discussion below, or Read more at WYFF-TV Greenville.
#1 Jul 18, 2012
chop chop again!;)
Since: Nov 08
#2 Jul 18, 2012
Can't wait till our stupid shortsighted president starts laying off gubmint defense workers. It's going to be hilarious. It will be even funnier when he has to cut their pensions. LOL
Since: Sep 11
#4 Jul 18, 2012
If Industry says they will lose 2M jobs unless Congress provides funds, then I say Industry is in the wrong business!
The DoD is not in the business of providing jobs. The proper business of DoD is protecting America.
#5 Jul 18, 2012
The Military hasn't been Defensive for a long time 'cause it's all Offensive.
#6 Jul 18, 2012
Defense cuts mean a lower national debt! Historically nations that spend excessive amounts on ways to kill people have come to a bad end. Germany is a prime example but unlike the US they have learned their lesson!
#7 Jul 18, 2012
I don't think many people outside of the industry realize just how much of these products are sold to other nations. Contractors bid on gov projects, we fund the development to some extent, then the US gov sells the crap out of it. Fighters last 30 years. That's a lot of replacement parts and upgrades weather or not they are ever used in battle. It gives our grads jobs to pay off those student loans, buy cars and houses and put their kids through school. The F-16s and C-130s are cash cows.
It's the product we give away that drains us dry.
Add your comments below
|The Church (Jun '14)||13 hr||Invisible Sky Daddy||31|
|Export-Import Bank's expiration a victory for b...||Jul 2||tod see the light||1|
|Hillary Clinton to GOP: 'Move on'||Jun '15||xxxrayted||46|
|ISIS does not speak for Islam||Jun '15||fedupwiththemess||14|
|Chafee enters 2016 Democratic presidential race||Jun '15||wild child||1|
|Pregnancies more common among lesbian, gay, bis...||May '15||WeTheSheeple||17|
|101 Great Sites for Social Studies Class (Mar '13)||Mar '15||irateminger||4|
Find what you want!
Search George Mason University Forum Now
Copyright © 2015 Topix LLC