President Barack Obama traveled to the Navy’s sole builder of aircraft carriers to drive home his argument that his political foes and their constituents will be among the hardest hit by across-the-board spending cuts that start March 1.
For Matthew Mulherin, who manages Navy aircraft carrier construction for Huntington Ingalls Industries Inc., automatic defense spending cuts set to take effect in January are an “end-of-earth scenario.”
In Newport News, Virginia, Betty Hazelwood said she’s on “pins and needles” about whether her job as a submarine pipefitter will be eliminated by U.S. spending cuts. In Northern Virginia, Kate McLaughlin canceled a vacation to Costa Rica because of concern her federal contracting will end. At a suburban Washington car dealership, Infiniti of Tyson’s Corner, customers aren’t buying.
Huntington Ingalls Industries Inc., the U.S. Navy’s largest shipbuilder, may keep its Avondale, Louisiana shipyard open beyond 2013 by turning it into a site for other manufacturing, Chief Executive Officer Michael Petters said.
How does a political veteran with a $5 million warchest lose to an ill-funded neophyte? One way is to spend it poorly by, for example, airing more than 1,000 television ads without ever talking directly in them to voters - - and frequently broadcasting your opponent’s image.