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Federal spending: 1964 - present

bascule
in Politics

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is this corrected for inflation?

 

It must be. If the defense spending is more or less steady in the long term, and it's not adjusted for inflation, then that means real spending has been steadily decreasing the past forty years, to a fraction of what it once was. However, that is obviously not true.

 

I would like to compare this spending to the GDP, however.

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