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> we have so many welfare programs and safety nets and worker protects Not really, in the 40's and 50's the programs were stronger
by dmn322 3y ago
> we have so many welfare programs and safety nets and worker protects
Not really, in the 40's and 50's the programs were stronger
- kansface 3y agoFederal expenditures as a function of GDP were ~12% or so in 1950 (ie, coming down from the war). They are 25% or so now, 20% before covid. I’d imagine the states are about the same.
- dmn322 3y agoAnd what has that increased expenditure gone to?
- legitster 3y ago> Not really, in the 40's and 50's the programs were stronger How so? https://en.wikipedia.org/wiki/Social_programs_in_the_United_States#/media/File:Transfer_payments_as_a_percent_of_federal_revenue.webp https://en.wikipedia.org/wiki/Social_programs_in_the_United_...
- dmn322 3y agoIs that not mostly from social security? I wouldn't increased costs from paying for the retirement of an aging population to be an indication of welfare program strength. Is medicaid / medicare in there too? If so, then ballooning medical costs wouldn't really be an indication of stronger programs either.