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>but defense spending still grows year by year. Not to invalidate your comments, but is that adjusted for inflation? Because not increasing the spending to mat
by Qwertious 11y ago
>but defense spending still grows year by year.
Not to invalidate your comments, but is that adjusted for inflation? Because not increasing the spending to match inflation is effectively the same as decreasing the amount of [adjusted-for-inflation money] spent.
Argh. I always forget which of nominal and real dollars are adjusted for inflation.
- triangleman 11y agonominal = actual dollar amount real = adjusted for some factor (inflation for example) Good point about needing to adjust for inflation. I did not consider that. I still believe that Eisenhower's warning about the military industrial complex was prescient.