They may soon be without a job.
During the Panama Tour, a guy got an email from his wife who is an engineer with Lockheed Martin. The letter said are laying off 10,000 workers by November. The letter also said 1,000,000 defense contractor workers would be laid off ( all companies) by the end of the year.
That’s another 1,000,000 people to the unemloyment rolls. Another kick in the gut to the US economy.
See this story
http://money.msn.com/top-stocks/post.aspx?post=5a30d5b8-d27f-43bd-8122-5f07eac7bbaf
Many companies will be affected by this. And so will many landlords.