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Author: eatenbybears Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 1968047  
Subject: Re: Republicans Never Waste Money On Miltary Date: 10/10/2012 9:00 AM
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All of the "quick fix" proposals to just cut military spending overlook the reality that if the automatic "sequestration trigger" goes into effect, it will cause (estimated) a 1% increase in the national unemployment rate.

How many years has it taken to lower the unemployment rate by just 0.3%?

Consider that there are states whos economies are built on the Defense industry (Connecticut) and that the loss of that many jobs that quickly will all but send the state into bankruptcy as a major source of revenue is cut out.


Bears
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