(Not) correcting for inflation

Was this the most expensive presidential inauguration ever? Only if you don't correct for inflation -- otherwise costs have been in the same range for the past 20+ years, as pointed out here.

Reminds me of a pub quiz we put together a while back, where one of the questions was, when were gasoline prices highest, in constant dollars: 2003; 1993; 1983; or 1973. Answer here.

Posted by David on January 22, 2005 9:22 PM