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Trump Ranted: "Iran Test-Fired a Missile." Today We Find Out There Was No Missile.

171
Nerdy Fish9/25/2017 4:58:37 pm PDT

re: #170 Blind Frog Belly White

If a program is budgeted the first year at X dollars, which buys Y stuff, and next year Y stuff costs (X x 1.05), and you’re only budgeted (X x 1.01), you can’t by Y stuff, can you?

True, but it’s still not technically a budget “cut”. You have more money than you did previously, even though your spending power is less.

/pedant mode off