By Bill Rigby
U.S. defence contractors thrive as well during Democratic administrations, if not better, than in Republican ones, and the election of Barack Obama as president offers no hint of being an exception.Defence is still largely a labour intensive, old-line manufacturing business, with close ties to the Democratic Party, and no president wants to do anything that would cut American jobs, especially in a time of economic distress.
"This president is going to care more about manufacturing jobs than any other president in a generation," said Loren Thompson, an analyst at the Lexington Institute, an Arlington, Virginia-based think-tank which specializes in defence issues.