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Balance Is Necessary

As America starts thinking about where it might invest money saved by the winding down of wars in Afghanistan and Iraq, it should keep in mind two points: first, much of the savings today will probably be applied to reducing the mounting debt from nearly 10 years of war and the worst economic crisis since the Great Depression; and second, the so-called peace dividend of the recent past led to some dangerous reductions in programs needed to keep America safe.

The above excerpt was originally published in The New York Times.