Daley is exactly right that we should be spending money on education instead of wars.
I look at it this way: We have two choices, we either spend money on education, or we spend money on wars. I've seen this choice somewhere else: Star Trek.
An oversimplification of the ST:TNG galaxy (actually more along the lines of VOY, but bear with me...) would be that there are two civilizations in the galaxy: The Federation, and The Borg. The Borg spend their money on war. They assimilate knowledge that has already been discovered by other races. The Borg do not learn. The Federation, on the other hand, spends money on education, not on war.
Now, look where America is. We spend all our money bombing brown people, and try and assimilate the world into our culture. America is the Borg. What Daley wants to do is have America become the Federation. Daley wants America to invest in education and basic research so that eventually we'll be transporting replicators and fusion reactors into villages that hate us. The brown people will love us, because we're not bombing them, and we're not forcing them to assimilate. It's actually pretty easy.
Really, it's kind of genius. Instead of bombing all the brown people so that they'll come around to our way of thinking, all while putting the brain drain on America, we invest in education and research in America, and make the country the best it can possibly be so that everyone comes around to our way of thinking.
One of these strategies doesn't work, ever, and that's the strategy we're currently using.