The first, conducted of 1,023 adults in February, shows that when asked about U.S. spending on national defense and foreign military conflicts, more Americans think the answer is "too much" (37 percent) rather than "too little" (28 percent).
That's the bad news. The good news is that the correct answer to Gallup's poll appears to be "just right" -- that we're spending just about the right amount of money on national defense.
How do we know this? A quick glance at the chart shows that the gap today between Americans saying "too much" or "too little" is about as narrow as it's ever been and far narrower than we saw...
- in the waning days of the Vietnam War (when there was about a 40-percentage point disparity between respondents saying "too much" and "too little").
- in the start of the Reagan administration, when 51 percent of Americans said we weren't spending enough on defense -- 36 percentage points more than said "too little."
- or in the start of the economic crisis in 2008, when fewer than half the people polled said we should sacrifice defense spending to help balance the budget.
The other bad news is that, according to a separate Gallup poll of 1,028 adults, the money we spend on the military may not buy the kind of military most Americans want.
Last month, Gallup asked which of the military's five branches was "most important to our national defense." More respondents (26 percent) named the Army. The Air Force came a close second at 23 percent, followed by the Marines (19 percent), the Navy (17 percent) and the Coast Guard (3 percent).
Funding for the Army and Air Force, on the other hand, doesn't match up as well with where American voters say our priorities should be.
Take the Army, for example. As an independent service (i.e, if you count the Navy and Marines separately), U.S. voters say the Army is more important than either one. Yet with "only" $120.3 billion in funding, it gets far less funding than goes to the Navy -- and less funding per capita as well. (At 541,291 service members, Army enrollment is greater than both the Navy and Marines, combined.)
Likewise with the Air Force. Gallup's poll shows that Americans view the U.S. Air Force as second only to the Army in importance. Yet the Air Force's "blue" budget of $109.3 billion makes Air Force a relative pauper in budgetary terms, trailing the Army and Navy alike. (The Air Force technically has a separate "non-blue" budget of $28.5 billion, too. But these funds don't really go to things the Air Force directly manages, such as salaries, weapons, training, bases and airplanes. For reasons even Air Force officers have difficulty explaining, the bulk of "non-blue" funds, although routed through the Air Force, fund America's intelligence-gathering activities).
So is the Pentagon -- and are the president and Congress -- misplacing their priorities? Are they spending money in one place, when most Americans would prefer they spend it in another?
Tell us what you think, below.
Motley Fool contributor Rich Smith writes daily on military matters for both The Motley Fool and DailyFinance.