Friday, July 8, 2011

Gonna Do WHAT ?????

photo from FOX online

With more sailors staying in the military amid a slumping economic recovery, the U.S. Navy is taking the unprecedented step of firing low-ranking petty officers to help rein in spending.
The Navy plans to let go of 3,000 young sailors after economic uncertainty put the service in the unusual position of having a manpower surplus.
The move comes as a new government report shows that the unemployment rate ticked up to 9.2 percent -- marking 29 straight months that number has been over 8 percent and a record streak since the Great Depression.
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Great job obama, et al.  That will be another 3,0000 unemployed.  As well as making a hole in Naval Operations.

1 comment:

LL said...

My son-in-law confirmed this. They are also making an effort to slow promotions so that they don't have to pay more money out. I don't know how these measures will have any impact on the multi-trillion dollar debt.

How much did we spend on Libya (alone) so far?