The Obama defense budget is neither the disastrous downturn that most analysts predicted, nor the boost the administration claims. What it is, though, is plenty worrisome. The president is fond of saying that we need to make long-term "investments" in worthy national goals. Well, his defense budget is no such investment in our national defense.
While the administration is certainly funding short-term military needs, it appears willing to sacrifice long-term U.S. military superiority. We should not forget that, even if China's GDP is no longer growing at 8-9 percent each year, even a five percent annual growth will enable Beijing to continue to modernize and expand its military capability over the medium to long term, while the current U.S. defense budget clearly limits our capability over the same time frame.