In the context of CDS saying what we need is 2% to 3% to keep going, the senior defence people saying 5% to 6% to do something, and the RAND folks saying that really just to keep up you need 9% to 12%, and you put that against the government's stated goal of a reduction of 5% to 10% across the board, it creates an extraordinary mix of numbers, which seems to lead you to a conclusion that the path on which the government has been thus far is not a sustainable path.
On February 9th, 2012. See this statement in context.