The U.S. Plans for the Previous War
Most of our defense dollars are today being committed to fighting asymmetric warfare, i.e. war against loosely organized, non-state entities like Al-Qaeda.
We are largely ignoring the investments required to maintain superiority in conventional warfare. Meanwhile, China takes the opposite approach, and no one seems nervous. Hmm.
People need to remember that China's vital interests and political value remain at odds with our own. Sooner or later, it's possible that China will provoke Australia, Taiwan, or Japan in a way that's intolerable, and we'll find ourselves in a conventional shooting war. Only probably is, the way things are going, we'll be prepared for the wrong war.