From a recent press briefing:

Q: One of the soldiers in there asked about reinstating the draft. Can you elaborate a little bit on that?

SECRETARY RUMSFELD: Every once in a while someone asks me, “will we go back to a draft,” and I am always stunned by the question. We have the finest Armed Forces on the face of the earth. We are able to attract and retain the people we need because we have so many wonderful people, patriotic people, who want to serve. We have been meeting our targets for recruiting and retention. If we, at some point, don’t meet our targets for recruiting and retention, what that means is not that we need to suddenly use force and make people serve. All it means is all we have to increase the incentives, increase the pay, increase the health care, increase the circumstances for the families. That’s what you do in any other activity on the face of the earth. There is no need. There is absolutely no need for the United States of America to go back to the draft. In my judgment, it would be a big mistake. I do not think it will happen. It seems to me that it is almost a little unfortunate that people keep raising it as a threat that we might go back to a draft. On the other hand, it gives me the opportunity to knock it down. (laughter) Hard!

From the front page of the Selective Service website:

Notwithstanding recent stories in the news media and on the Internet, Selective Service is not getting ready to conduct a draft for the U.S. Armed Forces -- either with a special skills or regular draft. Rather, the Agency remains prepared to manage a draft if and when the President and the Congress so direct. This responsibility has been ongoing since 1980 and is nothing new. Further, both the President and the Secretary of Defense have stated on more than one occasion that there is no need for a draft for the War on Terrorism or any likely contingency, such as Iraq. Additionally, the Congress has not acted on any proposed legislation to reinstate a draft. Therefore, Selective Service continues to refine its plans to be prepared as is required by law, and to register young men who are ages 18 through 25.

Yet we keep Democrats raising this boogeyman like it was just around the corner. I'm sure some people are dim enough to believe them, but it isn't serving any purpose other than a political agenda.