Quote:
Originally Posted by CRedskinsRule
Also, I first meant that chart as a response to dmek's note about Bush's spending, and I am pretty confident 400Billion in 2003 was roughly equivalent to 400Billion in 2011.
|
Nope, $400 billion today is equivalent to $328 billion in 2003's dollars.
There's been 8 years worth of inflation since 2003, about 2.5% per year.