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The President wheeled out what must have seemed like a great, pre-planned zinger: “I think Governor Romney maybe hasn't spent enough time looking at how our military works. You mentioned the navy, for example, and that we have fewer ships than we did in 1916. Well, governor, we also have fewer horses and bayonets because the nature of our military's changed.” The audience laughed, Obama laughed, I laughed. It was funny.

The president went on to explain that we have aircraft carriers and submarines.

What the president apparently didn't realize is that modern ships and weapons are massively more expensive than their equivalents from 100 years ago. So cutting defense spending gets you proportionately less capability. Cutting one aircraft carrier cuts out the capability equivalent of all allied airpower in WWII.

Yes defense cuts do hurt our military preparedness. To pretend otherwise is simply that "pretending."
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