The Shrinking Royal Navy

This could easily be America, and maybe is. Though we have the most powerful fleet on earth, is there enough to fight a 2 Ocean War which is still our goal? This is from the Telegraph:

Cuts to the Royal Navy's fleet of warships will render it incapable of protecting Britain's coastline, ministers have been warned.
Admiral Sir Alan West, the First Sea Lord and Chief of the Naval Staff, said any further reduction in the number of battleships could be fatal to the fleet's future.

The admiral, who is due to retire next month, said: "I don't think anything should ever be sacred but we do have to be careful that we do not reduce the Navy to a level that makes recovery difficult."
He went on: "It takes a long time to build up a maritime force that can cope with both the expected and the unexpected. The UK's security depends on having the right range of maritime capabilities."

Here are the numbers:

In 1982 the fighting element of the Royal Navy consisted of three aircraft carriers, 15 destroyers, 50 frigates and 33 submarines. Today there are three carriers, eight destroyers, 17 frigates and 15 submarines.

Check out the link for a cool graph.