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The Source for Video Surveillance Free Download - 2010 Video Surveillance Book

Obama Budget To Shrink Security Industry

by John Honovich, IP Video Market Info posted on Feb 27, 2009 About John Contact John


With massive deficits building, Obama needs to cut long term spending. Obama's budget blueprint shows that cutting security/defense spending will be central to his plan.

Even the US government is acknowledging that the budget deficit  simply cannot be allowed to grow out of control indefinitely. The easiest choice for Obama is to cut spending around an unpopular war.

This should come as no surprise as we have anticipated such moves since Obama's election. Nonetheless the evidence is now clear that Obama plans to (and probably needs) to focus on security/defense spending cuts.

Inside the Premium Section

In the professional section, we will examine the numbers behind the budget blueprint and discuss the timing and potential impact to the security industry.


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