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Dow 20,000 in 5 years?
#12
amins Wrote:Military Income is a joke. Don't factor that in in terms of "jobs". It's all the tech and maintenance that's expensive.
Nevertheless, they are cutting 100,000 military personnel, so that's 100,000 people that could have been in the military that will instead be competing for other jobs.

Also figure the military is probably going the same direction as agriculture and manufacturing -- where you used to need 100 people to do a job, you now need 10 people with really good equipment. When they need to cut $50 billion from the budget, they will probably cut personnel by $100 billion and increase equipment purchases by $50 billion. Fewer people in better gear.
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