4 ms·
% GDP isn't an inflation adjustment. 0.8% US GDP in 1969 would be about 8B/yr today. Very different answer
by s1artibartfast 1y ago
% GDP isn't an inflation adjustment.
0.8% US GDP in 1969 would be about 8B/yr today. Very different answer
- trhway 1y agoUS GDP 2024 is $29T. Thus 0.8% is $230B.
- s1artibartfast 1y agoExpense scales with inflation, not GDP, which is the point.