Obama understands what our role was as cop of the world, he just believes he has a better use for the funds entailed.
Just think of all the cash he can distribute as retribution for slavery and to ACORN and CAIR if America resigned as world cop.
That's how Obama thinks!
Not as much as you might think. The military budget outlays for FY2008 was 4.3% of GDP, while federal entitlements were 12.6& of GDP. The FY 2010 military outlays are to be $524.8 Billion, which is $35.7B *less* than FY2009, and 30.8B less than FY 2008. As we know the FY 2010 total budget is going to be much much higher than the FY 2008 or 2009 budgets, so the fraction that is military (about 20% in Fy 2008) will be much smaller as well, since the defense budget is going down, while the total federal outlays is going up.
At least the fraction of GDP devoted to defense may go up, but only because the GDP is down so very much. Even in FY 2008 we borrowed more than total military outlays.