Of course. That's what the USA did when economic problems struck two years ago. Oh wait...
And if not, then maybe this genius has a recent example of some other major country that, when faced with economic problems, voluntarily reduced its military? Especially when Biden goes and gives Ukraine and Georgia green light and weapons to do whatever they may with them? Maybe dirt-poor Georgia or Ukraine themselves decided to reduce their armies? No; what a surprise...
In real world if a country is getting weaker financially it usually boosts its military potential to compensate. That's what USSR did all along, and it worked. The reason is simple: economy is not always in your control, even if the state tells manufacturers what to do. However military is under direct control of the state and will do what it is told to do. Military might is not a perfect substitute for financial might, but then you have no better choice.
If Obama perceives poking the bear in the eye as diplomacy we have rough time ahead. But I guess that much is already obvious. What useful purpose could they both possibly try to achieve by attacking Putin (during 0's visit) and now Russia? There could be only one viable purpose - to keep Russia away from the West; obviously, that's what 0 wants. He may say otherwise, but his actions tell more.
Does the term Oligarchs ring a bell??? Obama, Biden, Gore, Pelosi, Reid, all forms of American oligarchs... reaping the tax dollars of climate change...