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I really don't like Romney.

If the US spent 10% of the world's total military expenditures(WTME), I would only be worried about two dozen countries making a coordinated attack. If we spent 25% of the WTME, would not even be worried about that. We actually spend close to half of the WTME. We can cut a lot of military and not come close to worrying about being attacked.

That doesn't mean as much as you think it does.
Other countries have cheaper labor too.
 
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