jollystomper
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Apr 16, 2012
- Messages
- 6,196
In terms of middle class jobs, I'm having some interesting discussion with folks who work for defense contractors. These jobs are very prevalent in the MD-DC-VA area, and pay very well (over $100K in many cases) - one reason that this area has not suffered economically as badly as others. If the sequestration and planned cuts to the defense budgets occur, a lot of those jobs will disappear. It is unlikely that there will be anything to fill the gap at that level. So, even though many feel, based on the numbers, our defense spending is way out of line relative to what the rest of the world spends, the big impact of cutting defense is further elimination of middle class and upper middle class jobs. It is a tough call to make.