Our Welfare State

By -

After days of virtually nonstop reading, I finally plowed my way through my MMT book. I’m not sure how long it’ll take me to do a write-up, but it’s definitely going to be a Best of Slope entry.

Somewhat related to this is the graph I just saw this morning:

I was honestly stunned. Over the course of my lifetime, the percentage of disposable income that is provided in the form of handouts from the government has gone up over twenty-fold. It’s approaching a quarter of the entire amount. Just in handouts!

I’ll definitely keep this in mind when I do my epic excursus on MMT.

Mark This Post as a Favorite