Time to "Hold the Line"

Gordon Adams, the former White House staffer for national security budgeting in the Clinton Administration, makes the case that we should "hold the line" on military spending, that after the unrestrained military spending of the Bush/Cheney years, it's time for a pause...
Here's are two key paragraphs from his piece (emphasis added):
"This phony 'cut' debate conceals an underlying reality: there has basically been no discipline in defense budgeting for the last eight years. In FY2001, the defense appropriation was $315 billion, including supplemental funding. In FY 2009, including the supplementals, defense will actually receive nearly $650 billion, or more than twice as much as it did eight budgets ago.
When DOD's resources are fully counted, they reflect historically unprecedented growth. Going back to World War II, our annual defense spending now dwarfs any previous period in history. It is more than the defense spending of every other country in the world combined. It has provided new generations of aircraft, ships, missiles, military vehicles, led to significant growth in the projected costs of current and future weapons programs, providing an almost unprecedented fiscal boon to the manufacturers of military equipment."
http://www.huffingtonpost.com/gordon-adams/hold-the-line-on-defense_b_166507.html