Quote:
Originally posted by j2k4@25 May 2003 - 05:07
I noticed the numbers spoke (regardless of percentage of GDP) to the tune of '1560' (BILLION!??!?) in 1980 and 'fell' steadily until they reached a low of '2504' (again, BILLION!?!?!?) in the most recent year quoted.
I'm not sure of the effect of inflation during the same time frame, but I'd bet it doesn't keep pace with this, uh, (here goes nothing) GROWTH-SHRINKAGE :blink:
I hope you'll forgive me for failing to realize an expectation on the part of the U.N. (their 'target' number) rose to the status of a hard obligation. In light of this, I'm relatively sure they're upset about Iraq, too, huh? Just a guess.
I thought (even during the Clinton years) that we were the masters of our own ship; we haven't been scheduled by the U.N. to join the E.U. by any chance, have we?
By the way, just to confirm that I am up to speed:
The U.S. is officially a HYPERPOWER?
As defined by the U.N.?
Cool-THAT doesn't bother me in the least. :P
this argument wouldn't hold up in high school, let alone a first year econ class. let alone a discussion among educated adults. The US economy has grown immensely since 1980, whereas the increase in spending has not kept place, not even close. To try to counter relative economic statistics with absolutes, well, again, i'll let THAT rhetorical device speak for itself. What next, compare current spending with that of the 1800's?! I know, I'll knock on some guy's door, explain to him that the home he's selling sold for $7200 in 1904, and offer him $1400, because, its 100 years old, after all.