Bezos donates $100M each to CNN contributor Van Jones and chef Jose Andres

Re:Bezos donates $100M each to CNN contributor Van Jones and... by aylmao on Wednesday July 21, 2021 @07:53PM (#27913648)

> Also, the economy was considerably smaller in those days, and so the Apollo program took up a much larger share of it.

Isn't that what adjusting to today's dollars essentially does? Those $28 billion were back then what $257 billion are in today's economy.

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Re:Bezos donates $100M each to CNN contributor Van Jones and... by WalterBright on Wednesday July 21, 2021 @10:15PM (#27914534)

> Isn't that what adjusting to today's dollars essentially does?

To make it more obvious, a town council spending $1 million on a project is a much bigger undertaking (for them) than a country spending $1 million. It has nothing to do with inflation. I.e. consider it as percentage of GDP.

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Re:Bezos donates $100M each to CNN contributor Van Jones and... by dboreham on Wednesday July 21, 2021 @10:10PM (#27914511)

No. I think parent means that the economy was smaller in real terms. E.g. the population was lower.

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Re:Bezos donates $100M each to CNN contributor Van Jones and... by WalterBright on Wednesday July 21, 2021 @10:15PM (#27914538)

I read somewhere that 400,000 people worked on the Apollo program.

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Re:Bezos donates $100M each to CNN contributor Van Jones and... by gameman144 on Wednesday July 21, 2021 @10:14PM (#27914531)

Not quite:

The purchasing power of a dollar has grown ~8.5x over the past 60 years.

The US GDP has grown about 38x in that same time.

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