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  It does Ross.... Cutting spending is the only way to deal with excessive spending. High taxes have a cost in growth but, as we agree, a reform of complex tax regimes and a simple flat tax arrangement can both increase revenue and boost growth. They cannot get away without spending cuts and even more important restraint.
  
  They certainly have more room to cut defence spending than we do but remember, their Defence needs are very different to ours and even if cut to the bone they would remain the world biggest defence spender. After all they have extensive interests to protect in both the Pacific and Atlantic so a large capable Navy and an expeditionary capable Marine Corp are key aspects to their Defensive needs and these do not come cheap. They also need to remain top of the technology tree in Defence as the USA can never match the number of troops some nations in potential flashpoints can muster. Again not cheap.

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