Adam Smith actually said...

After World War I, our Armed Forces shrank from 2.9 million men to 250,000 in 1928.

Adam Smith discusses historical military reductions post-WWI and their consequences.

09/12/2011

More Adam Smith Quotes

I think this is a very, very important hearing.

We are going to have to be much smarter about it.

One of the things that we really focus on is how can we make quicker decisions.

we are supposed to exercise oversight. And every once in a while we are right. So we are going to keep exercising that oversight.