Dannatt criticised a remnant "Cold War mentality", with military expenditures based on retaining a capability against a direct conventional strategic threat; He said currently only 10% of the MoD's equipment programme budget between 2003 and 2018 was to be invested in the "land environment"—at a time when Britain was engaged in land-based wars in Afghanistan and Iraq.

Military spending that is based on conventional threats has been dismissed as what?