A leading defense contractor said the United States military spending will continue to rise as financial uncertainties and economic crisis continue to shake the nation. Northrop Grumman Corp chief executive Ron Sugar said the economic uncertainties across the globe can bring more threats to the country. The economic turmoil might increase tensions and pressures among and between countries and hence could affect the the US national security. Such kind of threat causes the government to keep its defense expenditures at a high level to ensure national security.

What an excuse! It would be better if those moneys spent on the military be alloted to those who lost their jobs. That way, the nation can be more secured.

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Posted by Jones on December 19th, 2008 :: Filed under $$$ CRISIS, SIMPLY SCANDALOUS
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