Western defense budget cuts may be unstoppable

Via MSN:

If the budget cuts go through as planned, more than 1 million jobs could be lost at U.S. weapons plants and in the surrounding communities, according to some estimates.

Western defense budget cuts may be unstoppable | NBC News

Points:

  • “… few see the United States avoiding military budget cuts in the next few years given that the government's debt burden has now surged above $16 trillion and continues to rise.”
  • "For the first time in our history, we may be facing a moment where we really do not have the money to do exactly what it is that the experts or the policy advisers ... suggest is the right thing," said Todd Harrison, senior fellow at the Center on Strategic and Budgetary Assessments. "Budget cuts could end up determining the shape of U.S. policy."

Ponder:

  • Are we ready to absorb the increase in job searchers coming from active duty ranks as well as from the defense industry?
  • What can we do to prepare?
  • What are the growth careers available?