justme16 Wrote:
Dec 04, 2012 6:41 AM
Some of those "postponed" decisions are MASSIVE layoffs across the board in most industries associated with defense spending. Defense spending isn't just about funding active military it is the millions of people who earn their livings in companies that support the defense department. My company is already being told to cut back and the cuts are horrific.....estimates are that about 700,000 people stand to lose their jobs..and this doesn't take into account the domino effect as this will impact ALL local businesses in the areas where the major defense contractors exist. GET READY.