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1.35 MB
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Presentation slides / economic report
File Size:
1.35 MB
Summary
This document contains two presentation slides (pages 427 and 428) from a KPCB 'USA Inc.' report regarding 'Consequences of Inaction.' The first slide analyzes European social benefit spending as a percentage of GDP, comparing 1999 to 2009, highlighting increases in Greece, Portugal, Ireland, and Spain. The second slide illustrates a 'vicious cycle' economic model suggesting that austerity measures removing entitlement benefits can lead to lower tax receipts, higher unemployment, and social unrest. The document bears a 'HOUSE_OVERSIGHT_021055' stamp, indicating it was part of a document production for a congressional investigation.
Organizations (5)
Key Quotes (3)
"European Countries (including Greece, Portugal, Ireland and Spain) Have Committed A Rising Share of GDP to 'Social Benefits' Over Past Decade"Source
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Quote #1
"Austerity Measures to Take Away Entitlement Benefits Could Spark a Vicious Cycle"Source
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Quote #2
"European Union 2009 Average = 17.1%"Source
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Quote #3
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