George Smiley at In From the Cold ("Musings on Life, Love, Politics, Military Affairs, the Media, the Intelligence Community and Just About Anything Else that Captures Our Interest") discusses a national asset in decline.
Money quote(s):
"(S)igns of our naval decline were on display in recent weeks, as the Libyan crisis began to unfold. Instead of sending a warship to rescue American citizens from that country (as the British did), the U.S. hired a commercial ferry. One reason: there was only one U.S. warship in the Mediterranean at the time, although a carrier battle group and an amphibious group were only three days away, in the Red Sea. Those assets have since re-deployed to the Med.
We neglect our Navy at our own peril."
Actually two warships, were in the Mediterranean but one was a command and control ship and the other was having, er, command climate problems.
"(I)n an era when federal spending must be reduced, it is very easy to say we have "no peer competitors" (to use Dr. Gates's phrase) and use that as an excuse to downsize the military. A modern Navy is expensive to build and expensive to operate. Yet, it represents an essential investment, not only for the United States but for the west as a whole.
Did we mention that China is currently building five fleet carriers which will join the PLAN by 2020? Beijing is building a Navy for the future, while ours continues to decline. We've been down this road before (think Japan in the 1930s) and paid dearly for our mistakes. The next time, we may not be as lucky."
I'm not a naval expert, but five "fleet carriers" sound like just the thing if you want to be a regional hegemon, and the region you have in mind is the Pacific Ocean.
