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by kevinnk
3442 days ago
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I'm pretty sure you're correct and those numbers are total since 1950. However, the study does seem confusingly worded - in the footnote on page 1 it says: "All estimates quoted are in constant 2010 dollars, unless otherwise noted, and refer to actual expenditures in the relevant fiscal year, rounded to the nearest billion" At least to me that reads like "all estimates refer to expenditures from the relevant fiscal year only". However, they later quote the same numbers as being "total spending since 1950". Am I just missing an obvious interpretation for the footnote? |
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"from the relevant fiscal year" implies that each value relates to a corresponding fiscal year. Your addition of 'only' is redundant.