Boeing defense announces massive layoffs, $1.6 billion dollars worth of jobs..... (unemployment, statistics)

[swbtoo]

Originally Posted by analyze_this

This is what the teabaggers wanted isn't it? Cutting spending = lost jobs.

Why do you incriminate yourself by using the term teabaggers?

[plwhit]

Originally Posted by analyze_this

Well the military industrial complex is wayyy to bloated and there are no more wars on the horizon.

Please explain, defense spending compared to GDP the United States is not #1 in the world...

I guess they don't teach common sense and economics in college anymore do they?

[MustangEater82]

Originally Posted by Frozenyo

Poor execs, no they'll have to deal with their multi-million dollar severance packages.

Amazing how conservatives whine when companies on the government tit downsize.

You think only the rich people are getting laid off in this?

Lost jobs are lost jobs, $1.6 Billion worth. But whatever.... its better this way.

[mufc1878]

boeing's shift of its revenue stream to more and more defense was one of the reasons they shifted their corporate hq from washington state to chicago (so they were in the middle of the country and closer to the defense money troughs in DC.

These execs and defense workers can get try to get jobs in their commercial arm (the arm that actually makes more general productive products for the masses).

Boeing, GD, Lockheed, SAIC, Grumman, BAE....all of these MIC contractors need to be gored.

Defense should not be a jobs program.

[plwhit]

Originally Posted by mufc1878

boeing's shift of its revenue stream to more and more defense was one of the reasons they shifted their corporate hq from washington state to chicago (so they were in the middle of the country and closer to the defense money troughs in DC.

These execs and defense workers can get try to get jobs in their commercial arm (the arm that actually makes more general productive products for the masses).

Boeing, GD, Lockheed, SAIC, Grumman, BAE....all of these MIC contractors need to be gored.

Defense should not be a jobs program.

What should be a jobs program? The government?

How about we tell Apple to move the factory (Foxconn) from China to America?

I'll bet there are hundreds of thousands of Americans willing to work 14 hour days six days a week for $40.00 and no benefits....

[mufc1878]

Originally Posted by plwhit

What should be a jobs program? The government?

How about we tell Apple to move the factory (Foxconn) from China to America?

I'll bet there are hundreds of thousands of Americans willing to work 14 hour days six days a week for $40.00 and no benefits....

I thought conservatives were all about free market and no government intervention. Let the 'invisible hand' dictate labor markets and efficiently allocate workers without excess-DoD juice.

[workingclasshero]

Originally Posted by iTsLiKeAnEgG

You need wars to continue current levels of defense spending.

really now????

we spend less today than we have in years:

we spend LESS now than we have in the last 30 years (adjusted for inflation)

our current defense budget.....676 billion

carters 1980 defense budget 303.1 billion....in todays dollars is 834.1 billion dollars


bush1's 1990 523 billion dollar(WAR (desert storm)) budget....903 billion in todays dollars

[workingclasshero]

Originally Posted by BullCity75

That's $1.6bn in savings to tax payers.

meanwhile this election for potus(not the small guys) cost 6.2 billion

[plwhit]

Originally Posted by mufc1878

I thought conservatives were all about free market and no government intervention. Let the 'invisible hand' dictate labor markets and efficiently allocate workers without excess-DoD juice.

Since I'm not a conservative I don't have a clue.....

[pghquest]

Originally Posted by BullCity75

That's $1.6bn in savings to tax payers.

no, no, no, what we learned from Democrats is $1.6B in federal spending equtes to $2+B in stimulus because the money gets spent, and spent, and spent. Thats how they justified increasing welfare $300B in the stimulus bill.