Boeing’s CEO warns Washington: Get your act together
Boeing CEO Jim McNerney warned Tuesday that the threat of next year’s automatic, across-the-board budget growth reductions might force him to lay people off — even before the guillotine actually falls.
Big B, like all of America’s corporate titans, hates “uncertainty,” and Congress has outdone itself this time, McNerney said.
“Sequestration is the greatest example of Washington-induced uncertainty I’ve ever seen in my life,” he said. “Our reaction is to be very conservative … We have to anticipate the worst and hope for the best.”
read more about what McNerney said at DOD Buzz: http://www.dodbuzz.com/2012/05/08/boeings-ceo-warns-washington-get-your-act-together/