If we let current conflicts shape our view of how the Armed forces should be set up, we will end up with a horde of anti IED measures, drones, helicopters and Mastiffs, and fcuk all else.
This will set us up perfectly to fight in land locked small scale conflicts against insurgents, and ONLY that.
The budget may be tight, but that doesn't mean we should let our focus become too narrow, otherwise we will be knackered when we have to deal with the next threat.
As it happens, the build up of forces for the Cold War did the job, we won, and we didn't even need to fire a shot. Do you think that if we had not set ourselves up as we had that the Russians would have happily sat exactly where they were?
If they had of moved do you really think the Yanks would have come to our rescue? You may need to have a re-read of what actually has been happening over the last 200 years or so.
This sentence alone shows that you don't really have a clue what you are talking about. Every action we have been involved in has been dictated by world politics, the Treasury then follows that dictate.