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?