Memorial Day Thoughts on National Defense

President Barack Obama greets veterans before the Carrier Classic basketball game between the University of North Carolina Tar Heels and Michigan State Spartans on the flight deck of the USS Carl Vinson, docked at North Island Naval Station in San Diego, Calif., Nov. 11, 2011. (Official White House Photo by Pete Souza)

Robert Reich: We spend billions on Cold War weapons systems like nuclear attack submarines, aircraft carriers, and manned combat fighters that pump up the bottom lines of defense contractors but have nothing to do with 21st-century combat.

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