January 7, 2012

The Price of Obama's Peace Dividend Is an Increased Risk of War

By Jim Yardley
President Obama went to the Pentagon Thursday to announce cuts in defense spending that will, according to his estimates, reduce the nation's defense budget by just under $490 billion over the next ten years. The president made the case that with the end of U.S. involvement in Iraq and the pending drawdown of troops in Afghanistan, "the tide of war is receding."  He also said that his new plan is "smart" and "strategic" and that it sets priorities.  And his top priority, that to some would seem most alarming, is contained in this statement from his address: We'll be strengthening our presence in the Asia Pacific, and budget cuts will not come at the expense of this critical region. The president also paid lip service to the dangers that exist in the Middle East, where he said the military would remain "vigilant." Mr. Obama tried to counter the expected criticism of his plan by claiming that the United States will, even after his proposed cuts, be spending more than the.... (Read Full Article)

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