Sorry Bastardeux but I can't agree. Military equipment inflation will eat up a 2% increase in defence spending and then some. See the F35 thread for further details! Wage inflation (because at some point the pay freeze/chill will end) will do the same with the other big element of the budget - the people. Even a 2% real terms increase will see us cut numbers or outright capabilities, not add new ones. And we are a long way off a 2% real terms increase.
Pessimistic maybe, but you have to face facts.
Last edited by Jacks Down; 7th Mar 2013 at 14:30.