That video was an initital take by Rumsfeld during the early to mid stages of the Iraq war and what he was addressing was that often-times operational requirements outweigh fiscal accuracy and I agree with that. Can it be cut? Oh you bet and I've written about that extensively and I'm too lazy to do it again.

A good principle to guide me through life: “This is all I have come to expect, standard lackluster performance. Trust nothing, believe no one and realize it will only get worse…”