Re:United States loses AAA credit rating from S&P
by Dove on Saturday August 06, 2011 @11:53AM
(#2854126)
However, laid off militants are likely to apply for unemployment benefits + whatever other entitlement programs they have.
Perhaps initially. The military population in general is disciplined, educated (or even technically inclined), proud, and self-reliant. I've got to think that demographic is more likely to respond to unemployment by going out and doing stuff than any other.
However, laid off militants are likely to apply for unemployment benefits + whatever other entitlement programs they have. So in terms of pure numbers there might be some win, but when you cut $100 of military salary, you don't magically save a total of $100, you generate some liabilities on the other end.
All those military salaries also generate income taxes for Federal and state coffers, so now you've got lower revenues to deal with, too.