overspend on the military?
Defending Defense Project, jointly run by the American Enterprise Institute, the
Foreign Policy Initiative, and the Heritage Foundation, released a basic
guidebook entitled “Defense Spending 101”. United States has not overstretched because
defense spending in terms of GDP percentage has declined since the Cold War
era. In addition, the America faces multiple security challenges
today, and the American economy can prosper in a stable liberal world order.
Therefore, American defense capability should be maintained. Quite importantly,
off shore balance is no substitute for forward presence, due to weaker
deterrence in the region and lower trust from allies. United
Regarding fiscal cliff, Mackenzie Eaglen, Resident Fellow at the American Enterprise Institute comments “A common denominator in all these scenarios is that averting the fiscal cliff does not mean that things would automatically improve. The only silver bullet remains a comprehensive debt reduction deal” (“The fiscal cliff's threat to nationalsecurity”; US News and World Report; November 1, 2012).
The budget conflict is not the only reason for defense cut. Danielle Pletka, President of the AEI, concludes “There are others who hide behind fiscal responsibility in order to further their isolationist ideals. Plenty on the left. Plenty on the Ron Paul right (“Beefjerky and the nation’s defense”; American Enterprise Institute; November 15;2012).