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I disagree with this assessment.  If we did not have smart bombs etc, we would be fighting a much more costly war (in terms of human life) trying to root out those in the caves. 


There certainly are wasteful programs in defense spending, same as all spending, but there are many programs we are not funding that need to be funded.  For example, our tanks are aging, our nuclear force is in atrophy.  We don't really have any long range bomber to speak of (outside of the B-52, which is quite old) with very small exceptions.  The F-22 can replace the very old F-15.  Stealth technology is over twenty years old.  We are falling behind in force modernization and need to spend on it. 


You can debate how heavy the Army should be all day long, but it needs to be prepared for every threat.  Light and mobile will not win a heavy war.  I think discounting the notion that we will find ourselves in state vs state conflict again in short-sighted.


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