Disagree on most points.
Defense is a burden on the economy, but that's not why the economy is shaky: there are much more important economic issues at hand.
The institutional failure I see is not on the part of the military, but on the part of those who repeatedly send military forces to accomplish that military force can't reasonably expected to accomplish (e.g. "nation building") and bite off commitments that we haven't the political will to complete. The military has been effective at the tasks it's trained and equipped to accomplish. It's been ineffective at tasks it's not trained and equipped to accomplish. This should not be a surprise. Using a hammer as a screwdriver is likely to be ineffective and messy, but that's not the hammer's fault.
True to some extent, but is it the most cost-effective way to accomplish these goals?
The poor outcomes and high costs in the "War on Terrorism" are to me indicators of bad policy decisions, rather than of declining military capabilities. Start with the whole ridiculous idea of a "War on Terrorism"...
Is counterinsurgency necessarily a pressing national security requirement? I see no reason why it must or should be.
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