THE AMERICA ONE NEWS
Jun 19, 2025  |  
0
 | Remer,MN
Sponsor:  QWIKET 
Sponsor:  QWIKET 
Sponsor:  QWIKET: Elevate your fantasy game! Interactive Sports Knowledge.
Sponsor:  QWIKET: Elevate your fantasy game! Interactive Sports Knowledge and Reasoning Support for Fantasy Sports and Betting Enthusiasts.
back  
topic
Powerline Blog
Power Line
13 Apr 2023
Steven Hayward


NextImg:The Daily Chart: About That Welfare State

The New York Times practically wet itself the other day noting that during COVID the United States “built a European-style welfare state,” and isn’t it a tragedy that we gave it all up:

In the early, panicked days of the pandemic, the United States government did something that was previously unimaginable. It transformed itself, within weeks, into something akin to a European-style welfare state. . . Since then, most of it has been disbanded.

Since then, we’ve also had the highest inflation in 40 years, and an exploding national debt that is someone is going to have to pay for eventually. Here’s what the transfer payment expansion of that spending binge looks like:

For a “news” organization that worries about “sustainability” for everything else, why not in this domain, too?

Here’s the practical political problem: while the public generally thinks the government spends too much, there’s always a majority for specific categories of spending: