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Dayton Business Journal...
Report: Sequestration job numbers flawed
by Joe Cogliano, Senior Reporter
Friday, August 3, 2012 

As if the defense industry didn’t face enough uncertainty, now some insiders say a projection of 40,000 job losses in Ohio as a result of sequestration is deeply flawed. 

To rebut a recent report released by the Aerospace Industries Association, The Brookings Institution this week published “The Cracked Crystal Ball: The Problem with Predicting Defense Jobs and Sequestration.” While its authors admit jobs would certainly be lost if sequestration takes effect, they argue the predictions of job losses in specific locations are based on very crude, and even erroneous, assumptions. 

Among the problems with the AIA report, Brookings cites problems between the scale of the industry and the potential loss as well as an inflated ripple effect. 

“To be very kind, while they may make for good headlines, they are not useful for actual policy making,” the article said. 

If Brookings is correct, then the Dayton region is back to square one when it comes to trying figure out how sequestration play out here... 

Read the rest of the article with links at Dayton Business Journal



 
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