2 ms·
0.1% of GDP is actually fairly large. In isolation it's fine, but government probably have dozens or hundreds of similar "small" programs we never think about.
by supergarfield 9y ago
0.1% of GDP is actually fairly large. In isolation it's fine, but government probably have dozens or hundreds of similar "small" programs we never think about. So sure, wars cost a lot more money, but running a hundred programs that each cost you 2 billion dollars will also be very expensive.
Not fundamentally disagreeing, I just think it's easy to miss the full picture if you conclude that 0.1% of GDP is negligible.
- paulddraper 9y agoI saw 0.1% and freaked out.
- jaquers 9y agoYour parent was off by an order of magnitude: $2B / $19,000B == 0.01% Agree with both points, 0.1% is not nothing - that's what NASA scrapes by on. FWIW, the article mentions a ramp up in spending going up to the census year - so I take it that this is not an annual cost.