APPENDIX I Public Welfare Expenditures as a Percentage of the Gross Domestic Product All others incl

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APPENDIX IPublic Welfare Expenditures as a
Percentage of the Gross Domestic Product(All
others includes veterans programs, housing, and
some health and medical programs.)Source Social
Security Bulletin, Annual Statistical Supplement,
1994

• This and the following graphs illustrate the
  growth of the American welfare system since the
  New Deal.
• Appendix I shows the growth of public welfare
  expenditures as a percentage of the Gross
  Domestic Product (GDP), which is the total
  monetary value of all goods and services produced
  in a given year and serves as an index of
  national prosperity. The graph indicates that
  increases in welfare spending do not simply
  reflect Americans greater prosperity, but until
  the mid-1970s they consumed a growing percentage
  of the nations total resources.
• This growth has been most remarkable in social
  insurance. Note how the growth in welfare
  spending was greatest in all areas during the
  decade from 1965 to 1975, but that only social
  insurance consistently grew in the periods before
  and after that decade.

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APPENDIX IPublic Welfare Expenditures as a
Percentage of the Gross Domestic Product(All
others includes veterans programs, housing, and
some health and medical programs.)Source Social
Security Bulletin, Annual Statistical Supplement,
1994
This and the following graphs illustrate the
growth of the American welfare system since the
New Deal. Appendix I shows the growth of public
welfare expenditures as a percentage of the Gross
Domestic Product (GDP), which is the total
monetary value of all goods and services produced
in a given year and serves as an index of
national prosperity. The graph indicates that
increases in welfare spending do not simply
reflect Americans greater prosperity, but until
the mid-1970s they consumed a growing percentage
of the nations total resources. This growth
has been most remarkable in social insurance.
Note how the growth in welfare spending was
greatest in all areas during the decade from 1965
to 1975, but that only social insurance
consistently grew in the periods before and after
that decade.