Thursday 26 May 2011

War's necessary! US defense contractors 'raking in the dough'

America may be being dragged down by record debt and unemployment filtering throughout the economy - but there's one industry that's bucking the trend. It's a boom time for arms manufacturers right now, and they're branding themselves as saviours of the job market. RT's Kaelyn Forde reports on how Americans have little choice but to go gunning for work.



America knows it's got a big debt hole to fill - and when looking at the books, the world's biggest defence budget looks ripe to plunder. But Defence Secretary Robert Gates, who's due to leave the Pentagon next month, warns that cuts would limit U.S. military role in the world.