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Minnesota has 5th most generous safety net in nation

According to the Chicago Fed, Minnesota has one of the strongest safety nets for the poor in the country.

April 22, 2014 at 6:25PM

Jacob Berman at the Chicago Fed took a hard look at the safety nets in the states, something that can be difficult to quantify:

Berman's analysis shows that Minnesota has the fifth most generous safety net in the nation, when he compared states using data on expenditures from the national accounts, and household income data from the Census Bureau.

Real benefits for low-income households in the most generous area, Vermont, are about two-and-a-half times greater than in the least generous area, Georgia, Berman found. Minnesota's benefits are almost $8,000 higher than the national average, and surpassed Iowa, Wisconsin, Indiana, Illinois and Michigan.

From Berman:

(The Minnesota Star Tribune)

And here are the safety nets for a few of Minnesota's Midwestern neighbors:

(The Minnesota Star Tribune)
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