inflation calculations by the government are a joke and vastly undercount real inflation. that 2.7 trillion dollar budget in 1950, "inflation adjusted." is really more like $5 trillion. also, military budgets were much smaller, even considering inflation, in 1950 than today, and we were in a baby boom with a relatively young population. today's aging boomers make the age pyramid very top heavy, requiring more government spending.
United States