Obama to Romney: 'We Also Have Fewer Horses And Bayonets'

President Obama tells Mitt Romney that the nature of our military has changed.
3:00 | 10/22/12

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Transcript for Obama to Romney: 'We Also Have Fewer Horses And Bayonets'
But. I think governor Romney may be hasn't spent enough time looking at how our military works you you mentioned the navy for example -- we have fewer ships that we did in 1960. Well governor we also have fewer horses in -- and that's. Because the nature of our -- changed we have these things called aircraft carriers where planes land on the we have. These -- the go underwater nuclear submarines and so the question is not. A game of battleship -- counting -- it's it's what our capabilities.

This transcript has been automatically generated and may not be 100% accurate.

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