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The Water Cooler
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April was best month in history for U.S. budget
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<blockquote data-quote="tRidiot" data-source="post: 3112707" data-attributes="member: 9374"><p>This was my thought... we're always surpassing previous records over time due to inflation. Those reports don't usually interest me all that much, when you start adjusting figures for inflation over decades, it makes more sense.</p><p></p><p>Looking at one inflation calculator, it looks like the $190B from 2001 in current dollars has the spending power of $268B. So that $218B, while it is encouraging, can definitely be spun as overly notable. In other instances reports will "adjust for inflation" if it fits a certain narrative - on <strong>both </strong>sides.</p></blockquote><p></p>
[QUOTE="tRidiot, post: 3112707, member: 9374"] This was my thought... we're always surpassing previous records over time due to inflation. Those reports don't usually interest me all that much, when you start adjusting figures for inflation over decades, it makes more sense. Looking at one inflation calculator, it looks like the $190B from 2001 in current dollars has the spending power of $268B. So that $218B, while it is encouraging, can definitely be spun as overly notable. In other instances reports will "adjust for inflation" if it fits a certain narrative - on [B]both [/B]sides. [/QUOTE]
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April was best month in history for U.S. budget
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