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The WSJ is 100% correct. If Anyone who doesn’t realize that the social safety net today is roughly twice the size it was in 1970 as a % of GDP, and about 60 TIM
by hesdhonch1987 2y ago
The WSJ is 100% correct. If Anyone who doesn’t realize that the social safety net today is roughly twice the size it was in 1970 as a % of GDP, and about 60 TIMES in absolute, then they shouldn’t be posting nonsense here. The reality is that the baby boomers began the process of household formation with FAR less support and far less labor protection than today’s millennials.
- travisporter 2y agoBut is this per capita? GDP and population are not necessarily linear