"
to rethink and stop taking so-called ‘capability holidays’. You need to be ready for high end war fighting "
Well this happens after all big wars - the politicians want to spend the money on their constituents and voters, not large corporations or the military and they want the "dividend" as soon as possible. I don't have a big beef with that except it becomes the new normal and cuts continue until...... now for example.
You could argue that after a 10 year "dividend" you should then start to ratchet up expenditure as the next war is then probably 10-20 years away..
The Economist's graph makes the point
