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To: GROUND ZERO™ who wrote (41384)12/6/2012 10:49:52 AM
From: Vendit™1 Recommendation  Read Replies (1) | Respond to of 222677
 
I think the problem is much bigger than just the Defense contractors because the cuts are across the board.

Layoffs will be huge across all sectors of the economy when this happens. Obama has already said that he will let us go over the cliff so regardless of what Republicans offer, he will refuse and then blame tax increases and spending cuts across the board on Republicans.

This will be very bad for the economy.