If you look at the categories in 1962 then look at them in 1987 and 2011 you see a significant shuffling of the categories. Public transfer payments (money moving from the govt to individuals) has increased dramatically---See Social Security, Medicare, Medicaid, Social Safety Net programs, etc. Direct Federal government spending on "stuff"--transportation, roads, and "everything else" has decreased in proportion.
Source: NPR viaThe Big Picture |
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