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Accounting for inflation despite the budget remaining approximately the same (within terms of 100 millions dollars), its still declining by nearly a billion a y
by valarauca1 13y ago
Accounting for inflation despite the budget remaining approximately the same (within terms of 100 millions dollars), its still declining by nearly a billion a year due to inflation.
- huxley 13y agoCompared to when? I'm not sure I follow how you arrived at the $1 billion decline per year.
- valarauca1 13y agoFrom 2009 to 2010 NASA's budget was decreased by ~300million per year, yet adjusted for 2007 dollars, the budget fell by ~900million to 1 billion dollars per year. Interesting enough inflation is a strange metric. From 2008 to 2009 NASA's budget was increased 300million, yet in 2007 dollars it only rose 100million. Source: https://en.wikipedia.org/wiki/Budget_of_NASA https://en.wikipedia.org/wiki/Budget_of_NASA
- mikeyouse 13y agoPoint taken, but that's only true if inflation is running at 6+%/year.. http://www.wolframalpha.com/input/?i=17600000000+%2F+%281+%2B+x%29+%3D+16600000000 http://www.wolframalpha.com/input/?i=17600000000+%2F+%281+%2... If inflation last year was 2%, it's only really a reduction of $345mm in real dollars.