quote:Originally posted by fisher:
I can promise you this. If Obama wins our industry will tank like it did in 2007 and 2008....perhaps even worse as businesses batten down the hatches on spending.
You mean tank like it did under a Republican President and House in 2007-8? The entire world is going thru an austerity period. In nature you have to prune in order to develop new growth. Major businesses in the US are flush with cash and will start to spend when there is DEMAND - when the middle class has the money to spend not when the wealthy keep their tax breaks. Defense contractors don't need to build two more Aircraft Carrier Battlegroups as Romney wants - there's only ONE other country in the world with ONE Battlegroup, Russia and it stays in port cuz there's no money for fuel. Our EIGHT Carrier Battlegroups will protect the US. Republicans and Democrats are hopeless. Absurd spending for the military especially when we can't win the wars we fight; we need to start picking fights with militaries our own size! And YES I know that we're larger militarily than the rest of the world COMBINED!