Obama, in his own words:
http://www.youtube.com/watch?f...ilpage&v=o8R5GvwUFU8
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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.
It was on the news tonight that areas that have large military bases such as fort benning, fort brag, fort hood will see substantial job losses if Obama is re-elected
This story paints a pretty grim picture of 2013 consumer and business spending. I thought Obama fixed it.......
http://www.reuters.com/article...dUSBRE89O0LH20121025
http://www.reuters.com/article...dUSBRE89O0LH20121025
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!
watch out for CHINA, no other country has anywhere near the population, nor the revenues that China is accumulating. the next war may not be a war of the military but a war of crippling a nations economy and stealing data/secrets/intellectual property.
While everyone is watching the arab spring, Iraq, Afganistan, the europe debt crisis, CHINA is the sleeper that is on it's way to become a military and econmoic powerhouse. They are already flexing their muscle with loaning money to the world.
Look at it this way, after world II, who held most of Great Britains debt? It was the US, when Great Britain wanted to dicate policy in the late fourties in the middle east, it was the US who had leverage over Great Britain because of the debt that we held. The same is true of China and they will act in their best interest and dictate policy to those debtors.
While everyone is watching the arab spring, Iraq, Afganistan, the europe debt crisis, CHINA is the sleeper that is on it's way to become a military and econmoic powerhouse. They are already flexing their muscle with loaning money to the world.
Look at it this way, after world II, who held most of Great Britains debt? It was the US, when Great Britain wanted to dicate policy in the late fourties in the middle east, it was the US who had leverage over Great Britain because of the debt that we held. The same is true of China and they will act in their best interest and dictate policy to those debtors.