Minding Your Business Blog Index
August 19, 2008
Jobs, money and keeping America safe

Defense- and Homeland Security-related spending came back into the news this week, as Maine companies jockeyed to capture a piece of the billions spent each year on safeguarding the nation.

Early Monday, Adm. Jay Cohen, the U.S. Department of Homeland Security's undersecretary for science and technology, met with 18 Maine manufacturers with products to sell during a visit at the University of Maine.

In the afternoon, members of Maine's Congressional delegation announced that the Navy had decided to purchase a third Zumwalt-class destroyer after all and that the $2.6 billion vessel would be built at Bath Iron Works.

Almost always, stories like these are framed primarily as being about money. The national security aspect of these decisions usually is a subplot to the question of how many dollars and jobs will be coming to the local area.

This election year, though, money and national security are intersecting in an interesting way.

Americans tell pollsters that the economy is their chief concern, but geopolitical events are pretty close to the surface too, with the ongoing conflicts in Iraq and Afghanistan; the ever-present threat of terrorist attack within the United States, a shooting war between Russia and Georgia, and potential threats such as the growth of China on the world stage and North Korea's effort to acquire nuclear weapons.

Already, protesters are trying to drum up opposition to events such as the air show coming up next month at Brunswick Naval Air Station, even as local chambers of commerce and merchants will be talking about all the money such events bring into the area.

Academics are producing reports about whether defense-related spending is really the best use of the nation's funds.

All this is a worthy part of the discussion that needs to occur before voters select the next president and Congress. But let's hope that there's also some discussion about what the country really needs to defend itself, amid all the crowing about job creation and complaining about the military industrial complex.

Posted by Eric W Blom at 06:06 PM

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Eric Blom has been a journalist in Maine for 20 years, much of it as a business reporter and editor. He's been inside factories, office buildings and retail shops throughout the state, meeting with workers, shoppers, investors and executives about their hopes and fears. These days, as local and business news editor, he has a bird's eye view of what's happening in Maine commerce.

Eric, who was born in Rhode Island, has been heading north for some years now. He graduated from Boston University, edited a weekly newspaper in Belmont, Mass., and worked at the now-defunct Peabody Times in Massachusetts before coming to Maine. He lives in Portland with his wife and two children.

Knowing Maine's Business is a gathering spot for the respectful exchange of information and ideas about the marketplace.



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