Not so quietly, a new conventional wisdom has taken hold in Britain: defense spending must be cut. Last month, the Economist, in writing about “the end of the New Labour orthodoxy on public spending” – the orthodoxy being that the public sector “should consume an ever-increasing share of national wealth” – stated in passing that only the Liberal Democrats had grasped the need to axe major programs, like Britain’s Trident nuclear deterrent. This month, David Halpern, former Chief Analyst in Tony Blair’s Strategy Unit, writes in Prospect magazine that, instead …
