General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsVirginia’s Feast on U.S. Funds Nears an End
ARLINGTON, Va. To listen to the human side of sequestration, wait in line here for the 595 bus to Reston, Va., a journey across a suburbia grown fat and happy on a federal spending boom in the past decade, primarily military.
While the rest of the country experienced a corrosive recession, unemployment in Arlington County, home of the Pentagon, never rose above 5 percent. Nearby Fairfax County, with a cyberintelligence industry that took off after the Sept. 11 terrorist attacks, gorged on government contracts to private companies.
It was easy, and people got comfortable, said Stephen S. Fuller of George Mason University, an expert on the regional economy. They havent come to terms with the fact it isnt going to be as easy.
The Washington metropolitan area, especially Northern Virginia, is in line to experience the largest economic hit of any region from the $85 billion in spending cuts that President Obama made official late Friday.
http://www.nytimes.com/2013/03/03/us/politics/virginias-feast-on-us-funds-nears-an-end.html
Gman
(24,780 posts)MotherPetrie
(3,145 posts)FarCenter
(19,429 posts)Because of the DoD impact, lots of Virginians in northern VA and the Norfolk area are pro-military. Since the Republican party is seen as more hawkish, it continues to have alot of support.
underpants
(182,736 posts)from the shipyard's civilian employees to home and car sales to actual military personnel the whole system is Uncle Sucker money.
One report I saw yesterday is that Tidewater could lose 12,000 jobs because of the sequester.
HereSince1628
(36,063 posts)I suspect people all over Hawaii will notice $194 per capita pulled out of their economy.
But, here in Wisconsin, the per capita loss is about $7.48, about the cost of any one of the following: a 6 pack of microbrew, a package of Johnsonville Brats, a bucket of bait minnows, a couple thousand hungry seniors and children, or about 1400 jobs.
Depending on what life priorities you want to use to characterize devastating cuts.
alarimer
(16,245 posts)Especially those parasitic contractors.
Sorry, but the military cuts are a very good thing. The government can do a lot of good things and I'm in favor of most of it and I'm in favor of government employees being paid good wages and benefits, but I think military spending and the homeland security complex are disastrously out of control.
I'm sorry people will lose their jobs, but this is just another bubble that was bound to burst eventually.
Personally, I'd like government spending on parks, FAA, science, health, etc to be restored, but I'd like the military cuts to remain. And I'd like to see the DHS to be eliminated altogether.
FarCenter
(19,429 posts)And those cuts apply equally to amounts sent out to the people as well as to the adminstrative accounts funding the DC metro area.
One benefit of a fixed proportion cut is that it forces a cutting of the fat in DC which would otherwise be protected.
And note that while the rest of the country had suffered since 2009 from depressed real estate prices, that is not true of the DC metro area.
jsr
(7,712 posts)* In Washington and the surrounding area, 33 building complexes for top-secret intelligence work are under construction or have been built since September 2001. Together they occupy the equivalent of almost three Pentagons or 22 U.S. Capitol buildings - about 17 million square feet of space.
* Many security and intelligence agencies do the same work, creating redundancy and waste. For example, 51 federal organizations and military commands, operating in 15 U.S. cities, track the flow of money to and from terrorist networks.
* Analysts who make sense of documents and conversations obtained by foreign and domestic spying share their judgment by publishing 50,000 intelligence reports each year - a volume so large that many are routinely ignored.