Posts Tagged ‘Jefferson cuts the U.S. Navy budget twice’
Jefferson Takes a Budget Axe to the New U.S. Navy
The man from Monticello (Thomas Jefferson) learned a hard lesson that our political leaders continue to relearn today when it comes to defense policy. With the stroke of a pen one can deactivate squadrons or divisions or ships. The savings are soon realized. However, it takes years, sometimes decades to recoup the capability cut.
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