And then the massive DoD budget increases under Bush, post 9/11 and Afghanistan/Iraq related which kept a lot of large and medium sized defense contractors riding the gravy train for a very long time.
As best I can remember Obama did not significantly shrink the DoD budget as a whole, though it did drop a bit from the 2006-2007 peak under Bush, though some programs were cancelled.
https://www.google.com/search?q=clinton+presidency+dod+budge...
And then the massive DoD budget increases under Bush, post 9/11 and Afghanistan/Iraq related which kept a lot of large and medium sized defense contractors riding the gravy train for a very long time.
As best I can remember Obama did not significantly shrink the DoD budget as a whole, though it did drop a bit from the 2006-2007 peak under Bush, though some programs were cancelled.