Adam Smith actually said...

"Sequestration would make that rational evaluation impossible, which is why it must be avoided."

"Like many, if not most, of our members here, I share the view that large, immediate cuts to the defense budget caused by sequestration would have dangerous impacts on the ability of the U.S. military ..."

"There are certain things that the defense budget requires in terms of technological and business capabilities that, if we are not doing it, those capabilities go away."

"I appreciate you holding this hearing and this series of hearings that we have had to discuss the impact of defense cuts."