1987
1987
Because two thirds of all government spending is on entitlements which the government connot easily alter. (by Solomon Zelman)
The federal government spending was largest as a percentage of the economy in 2020 due to increased spending related to the COVID-19 pandemic and relief efforts.
Currently, there is no limit on what the federal government chooses to spend, period.
The pie chart displays the percentage of federal government spending allocated to various sectors.
There is a federal budget deficit.
The increase in federal government spending in the 1930s was primarily driven by the Great Depression, which created widespread economic hardship and high unemployment. In response, President Franklin D. Roosevelt implemented the New Deal, a series of programs and reforms aimed at economic recovery and social welfare. These initiatives included public works projects, financial reforms, and direct aid, significantly expanding the role of the federal government in the economy.
Health
Federal spending on forgein aid increased demand for U.S goods.
Security Spending
The federal budget.
a decrease in government spending