Posted on Mar 26, 2014
SGT Travis Swenson
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Any ideas of what the American economy will look like in regards to the Military cut-backs?
Posted in these groups: Main benefits 1335181026 BenefitsEconomy logo Economy
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SFC Platoon Sergeant
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I would imagine that certain regions will have a direct impact with military spending reductions.  The areas I could see hit the hardest would be the DC Metropolitan area, seeing as there are a seemingly endless amount of government and DoD contracting companies based in that area.  I don't know that it would be like another recession, but I do anticipate an increase in people looking for jobs as their contracts end.  As far as the rest of the country is concerned, unless there is a large military or DoD/government contracting footprint in the community, I don't think it will have much of an impact.
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