Graph of the Day for September 15, 2010

"Our new approach is compassionate."  George W. Bush, 43rd President of the US, in his first budget proposal, titled A Blueprint for New Beginnings.

"A compassionate government keeps faith with the trust of the people and cherishes the future of their children."  Lyndon Baines Johnson, 36th President of the US.

"Government is not reason; it is not eloquent; it is force. Like fire, it is a dangerous servant and a fearful master."  George Washington, 1st President of the US.

Source:  White House, OMB (Table 11.1).  (Inflation-adjusted dollars.)

Hoven's Index for September 15, 2010

Federal payments to individuals:

As percentage of total outlays, 1945:  2.4%

As percentage of total outlays, 2009:  59.5%

As percentage of GDP, 1945:  1.0%

As percentage of GDP, 2009:  14.7%

Source:  White House, OMB (Table 11.1).

Graph of the Day Archive.