Obama’s Military Plan…Good, Bad or Ugly?

The President has not been known as a budget cutter, but that is something that he wants to change with his strategy for the military.  It makes cuts to defense that would make a big difference in how we wage war.  Under the plan, we would no longer be able to wage two simultaneous wars.

Are we at a point in history where we no longer need to do this?  Is this unwise to cut our ability to be ready?  What do you think?