Detailed text transcripts for TV channel - FOXNEWS - 20131029:10:18:00
Shows how defense spending as a percentage of the tkpwopd has gone -- as a percent of the g.d.p. has gone down. in 2012 it was 12.3%. fast forward to the 2016 estimate and it looks like just 3.1%. what's the matter with spending less on our national defense, professor? >> let's look at what's happening in the middle east and asia. in the middle east we've abandoned egypt, for example, narrowing our focus. they justify this by saying we're shifting resources to asia. look at what has shifted to asia. not that much. now the japanese, the prime minister is saying that japan has to rearm to protec...
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