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Lockheed Martin
Acquired
Job Creation Fuels Political Support
The manufacturing of airplanes, particularly the F-22, illustrates the complex interplay between job creation and political funding. By spreading operations across 46 states, Lockheed Martin effectively engages local economies, ensuring that each state, and thus each member of Congress, has a vested interest in sustaining these jobs. This approach facilitates the securing of funds through pork barrel politics, as legislators prioritize initiatives that create employment for their constituents. Consequently, the dynamics of Congressional support can be understood as a series of principal-agent problems, where individual interests drive collective decision-making, leading firms to adeptly navigate these political landscapes.
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