There has been a lot of fuzz recently because of the implications of $100 billion in spending cuts over the next five years. The idea is, according to Defense Secretary Gates for the New York Times:
“Our country is still fighting two wars, confronts ongoing terrorist threats around the globe, and faces other major powers investing heavily in their military,” Mr. Gates said Monday. “It is important that we not repeat the mistakes of the past, where tough economic times or the winding down of a military campaign leads to steep and unwise reductions in defense.”
One of the main concerns are the about 2,800 military and civilian positions supported by 3,000 contractors at an annual cost of $240 million that will be trimmed down - the Economist figure is twice that number. Since those position are mainly located in Virginia, and given the growing anxiety about the economic recovery without employment creation, local governments are deeply concerned.
Therefore, it is very welcome to read in today's Japan Times how an entrepreneur is finding a way out of the hole. Since domestic spending cuts took place in the police department, some facilities had to be closed. Then, Mrs. Matsuda decided to open a "izakaya" (a traditional Japanese dinning-bar) in the abandoned police box, keeping the original environment.
Kiyomi Matsuda, 58, opened the bar in June, utilizing her experience of serving dishes to her tuna fisherman husband and his colleagues over many years in Muroto, Kochi Prefecture.
"I didn't think it would be this popular," Matsuda said.
"I hope I will keep getting customers for a long time."
It goes without saying that not all of the new unemployed would be able to do the same. But it is a start.