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1.67 MB
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Type:
Presentation slides / economic report
File Size:
1.67 MB
Summary
This document contains two slides from a KPCB (Kleiner Perkins) presentation titled 'USA Inc. | Income Statement Drilldown' (pages 89 and 90). The charts analyze US economic data, specifically showing the rise in entitlement spending per beneficiary from 1966-2008 and the negative correlation between rising entitlement income and falling personal savings rates from 1970-2010. The document bears a 'HOUSE_OVERSIGHT_020886' stamp, indicating it is part of a larger production of documents for a congressional investigation.
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Locations (1)
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Key Quotes (3)
"Inflation-Adjusted Average Pre-Tax Income from Entitlement Programs Has Gone Up 3x Since 1966 to $12K in 2008"Source
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Quote #1
"Entitlement Spending: Rising Entitlement Income Is Highly Correlated (82%) with Falling Personal Savings"Source
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Quote #2
"1970 - 2010 Correlation: -82%"Source
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Quote #3
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