Thursday, May 10, 2012

what huge safety net surge ?

Low-Income Entitlement Spending Outside Health Set to Fall Back to Prior 40-Year Average









SNAP Expenditures as a Percentage of GDP





"federal spending for mandatory programs outside health care (including refundable tax credits like the Earned Income Tax Credit) averaged 1.3 percent of GDP over the past 40 years. "

"This spending peaked at  2.0 percent of GDP in fiscal year 2011"

.7 % 

dollars

the delta  max point from base
looks like being a bit above
                                  $ 100 billion