Video - Downsized U.S. Air Base Hits Azores Islands Hard - WSJ.com - 0 views
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Claude Almansi on 31 Mar 13"This transcript has been automatically generated and may not be 100% accurate. ... I ... I ... Richie's community ... its two thousand miles from the U S Coast has led to Europe's financial crisis better than me ... the reason why is because of the presence of a large U S Air Force base that has been used by Americans for over six decades ... a civic duty station Friday Jetson course that means ... the basis for buttermilk with the jobs and economy with a much needed cash injection ... but that is about change ... but some of two thousand and fourteen more severe thousand eight hundred and eighty Americans leaving a PC that is in these islands would head home ... as part of the U S government plan to cut five hundred began dollars in defense spending ... let me tying UB hundred and sixty America military personnel ... the reduced which the sports staff ... in hundreds opening playdough cost ... officials here say the consequences will be the ideal produced fell twenty two thousand residents ... and three ... the numbers are awful from any angle you look at namely enemy year reduction of thirty percent of the gross domestic product of our community ... local unemployment can go from eight percent to ... twenty years ... is to buy whenever reality to a small community in an island that has always welcomed the Americans like family ... the U S presence is everywhere the eye and ... bakery owner my little sis is news of the parts you USX it took a mosquito ... many of his customers are bracing for a doctor's future ... in their spending less money ... I ... deals have already dropped ten percent ... predicted to hit twenty five percent without a doubt ... girl co-workers and the beast the future looks even gloomier ... play that card is the day economic activity is carrying wheat production to the crisis stricken put's continent where demand isn't holding up ... that little chance of finding another job on the island ... may say more can turn of the country may be the