The Center for Strategic and Budgetary Assessments (CSBA)has a new report out that looks at U.S. DOD budget history in 2014 dollars.
The quantity DOD spending isn't really a sad story. The incompetenceof its' management is.
A quote by Winslow Wheeler about this report sums it up well.
"The next time you hear a general or admiral say he cannot manage a budget so low as that in sequestration, tell him he's right; he can't manage it, and he shouldn't be allowed to."
Winslow has a read on this topic that should be considered required reading.
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