"Fourth, leaders should compare the defense
budget to that of previous decades and to those of other countries,
particularly those of our current or potential enemies. Even after the $487
billion reduction, the United States will still account for 40 percent of the
world's military expenditures and will spend more on defense than the next 15
nations combined, most of whom are our allies. Meanwhile, base -- or non-war --
defense spending is now higher than it was during the Cold War, adjusted for
inflation. The country may be in a time of austerity, but the Pentagon is not."