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Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?

To: DuckTapeSunroof who wrote (41263)	2/17/2010 3:09:28 PM
From: TimF	Read Replies (1) \| Respond to of 71588

If you spend $1 on a program, than the next year you spend $1.01, the program has expanded in nominal terms. If you spend $1.10 the next year than its expanded in real terms unless inflation is very high. Spending in these programs is increasing faster than inflation, therefore they are getting bigger, or in other words they are expanding. They are also, over time, becoming a larger portion of the economy, and therefore not just expanding in absolute terms, but expanding compared to everything else Americans spend money on.