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


To: DuckTapeSunroof who wrote (43496)5/26/2010 7:57:52 PM
From: TimF  Read Replies (1) | Respond to of 71588
 

Re: "The number of years is irrelevant."

Whaaaaa?????????????????


Yes irrelevant, and I explained why.

My statement was "small compared to the US economy", not "small". The more years you have, the more years of the US economy you have. The ratio of SDI to the US economy doesn't larger simply by considering more years.

The spending gets larger if its continued over many years, but the total of the US economy during the period considered also gets larger (even if there is no economic growth, and of course there has been a lot of economic growth). Absent any other changes than just continuing the spending over the years, the ratio of the spending to the economy never increases. (It might increase if the spending is increased, or if the economy goes in to a recession, but then its the spending increase, or the recession that's relevant, not the number of total years being considered.)

The borrowing for SDI was perhaps 0.02 percent of the economy. Or in other words the US economy was about 5000 times as large.

So if your considering one year, X is small compared to 5000X, for two years you get 2X is small compared to 10000X, for three years 3X is small compared to 15000X. For 1000 years, 1000X is small compared to 5000000X, etc. All of those ratios are one to 5000.

Most people would consider one part in 5000 to be small.