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Topic - Seth Cropsey
President Barack Obama is seeking to abolish two highly successful missile programs that experts say have helped the U.S. Navy maintain military superiority for the past several decades.
"Mayday," the universal distress call, is herein sounded for a U.S. Navy in serious trouble. Even as the Navy continues to fulfill commitments around the world, the number of ships and aircraft is decreasing, and those that remain are aging at an unacceptable rate.
The cost is low, Cropsey said, compared with the $16 billion a year the Navy spends building ships.
"It's a good deed, and people are grateful for it as well they should be," Cropsey said. "No one loses."