“In 2008, as the stock market cratered and the housing market collapsed, more young members of the Army, Air Force and Navy decided to re-up. While several factors might explain the rise in re-enlistments, including a decline in violence in Iraq, Pentagon officials acknowledge that bad news for the economy is usually good news for the military. In fact, the Pentagon just completed its strongest recruiting year in four years. ‘We do benefit when things look less positive in civil society,’ said David Chu, undersecretary of defense for personnel and readiness.” [Link]
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