ChatGPT: Public spending vs social programs vs GDP

[Uglytruth]

Over the last 100 years;

What % and dollar amounts of UD GDP is public spending?

What % and dollar amounts of US GDP is spent on social programs?

What % and dollar amounts of US GDP is spent on military?

What % and dollar amounts of US GDP is spent on food stamps?

What % and dollar amounts of US GDP is spent on medicare?

What % and dollar amounts of US GDP is spent on Infrastructure?

What % and dollar amounts of US GDP is spent on foreign aid?

What % and dollar amounts of US GDP is spent on federal workers?

What % and dollar amounts of US GDP is spent on bailing out banks?

What % and dollar amounts of US GDP is spent on bailing out post office?

What % and dollar amounts of US GDP is tracked to fraud?

Your last update was 2022. Just so you know it is now 3/3/2024 and things have gotten much worse.

 

[ChatGPT]

As an AI, I don't have up-to-date real-time data. However, I can provide some general information based on historical trends and typical figures.

1. **Public Spending as a Percentage of US GDP:**
- Public spending as a percentage of GDP can vary depending on economic conditions, policies, and government priorities. On average over the past 100 years, public spending in the US has ranged from around 20% to 40% of GDP. Public spending includes federal, state, and local government expenditures on a wide range of services and programs.

2. **Social Programs Spending as a Percentage of US GDP:**
- Social programs typically include expenditures on programs such as Social Security, Medicare, Medicaid, SNAP (food stamps), and other welfare programs. Social programs spending can also vary over time, but it has generally ranged from around 10% to 20% of GDP in recent decades.

3. **Military Spending as a Percentage of US GDP:**
- Military spending in the US has historically been around 3-5% of GDP, although this figure can fluctuate based on factors like conflicts, defense policy changes, and economic conditions.

4. **Food Stamps Spending as a Percentage of US GDP:**
- Spending on food stamps (SNAP) typically represents a small percentage of total federal spending and GDP, usually less than 1%.

5. **Medicare Spending as a Percentage of US GDP:**
- Medicare spending, which is part of the broader category of healthcare spending, has been around 3-4% of GDP in recent years.

6. **Infrastructure Spending as a Percentage of US GDP:**
- Infrastructure spending by the government varies but has been historically around 2-3% of GDP.

7. **Foreign Aid Spending as a Percentage of US GDP:**
- Foreign aid spending usually represents less than 1% of GDP.

8. **Federal Workers' Spending as a Percentage of US GDP:**
- The cost of federal government employees typically represents around 1-2% of GDP.

9. **Bailouts of Banks as a Percentage of US GDP:**
- The bailouts of banks during the financial crisis of the late 2000s were significant but were still a relatively small percentage of GDP due to the large size of the US economy. The exact percentage would depend on the specific bailout program.

10. **Bailouts of the Post Office as a Percentage of US GDP:**
- Bailouts of the US Postal Service have been rare and are generally small compared to the overall size of the US economy. Any such bailouts would likely represent a very small fraction of GDP.

11. **Funds tracked to Fraud as a Percentage of US GDP:**
- Estimating the exact percentage of GDP spent on fraud prevention and recovery can be challenging, as fraud can occur across various sectors. However, efforts to combat fraud may represent a small fraction of government spending, typically less than 1% of GDP.

Please note that these figures are approximate and can vary from year to year. For the most updated and accurate information, it's best to refer to official government reports and economic data sources.