Federal welfare spending has grown since the early 1950's as the share of GDP. From 1975 to 2000, the level of social benefit was relatively steady, fluctuating between 7 and 8 percent GDP. Then the welfare spending has skyrocketed.
Regrettably, social benefit spending is a drag on employment and economic activity. Long-term unemployment was much less of a problem during the Reagan era.
A white male with some professional experience in finance and investing.