Has Military Spending Peaked In San Diego?
Monday, June 25, 2012
Lynn Reaser, Chief Economist, Point Loma Nazarene
San Diego's economy has been spared the worst of the recession with the help of billions in federal military spending. But with inevitable cuts in defense funding ahead, the military lobby in San Diego is gearing up for a fight to keep the DOD's investments in this region. Has military spending peaked in San Diego, and is it wise rely so much on funding controlled in Washington, DC?
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