Infographic: Myth of Pentagon Spending as Job Creator

Tweet

October 9, 2012

Major defense contractors have been going around saying the sequestration cuts to Pentagon spending will cause widespread job losses, but history tells a different story.

Over a five year period, the five largest defense contractors received 10 percent more in federal contracts, but at the same time they fired three percent of their workforce. Now they are arguing a 10 percent reduction in Pentagon spending will be devastating to jobs, even though the Pentagon already has a bloated budget worthy of reductions.

POGO is fighting against the myth of Pentagon spending as a job creator, but we need your support to do so. Consider donating to POGO today to show your support for sensible defense policy. Then share our new infographic with your friends to spread the word.

Topics: National Security

Related Content: Defense, Infographics

Authors: Andre Francisco

Project On Government Oversight (POGO)

1100 G Street, NW, Suite 500    Washington, DC 20005
Phone: (202) 347-1122     Fax: (202) 347-1116     Email: info@pogo.org

POGO is a 501(c)(3) organization. All donations are tax-deductible.

Founded in 1981, the Project On Government Oversight is a nonpartisan independent watchdog that champions good government reforms. POGO’s investigations into corruption, misconduct, and conflicts of interest achieve a more effective, accountable, open, and ethical federal government.