HOUSE_OVERSIGHT_021034.jpg
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Presentation slides
File Size:
1.51 MB
Summary
Two slides from a KPCB presentation analyzing the relationship between entitlement spending and unemployment, and proposing policy options to increase employment. The first slide presents data showing an 86% correlation between entitlement spending growth and unemployment rates from 1986 to 2009, while the second slide lists short-term and long-term strategies for boosting employment, such as tax holidays and vocational training.
People (1)
| Name | Role | Context |
|---|---|---|
| Richard Berner |
Organizations (5)
Relationships (2)
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Key Quotes (4)
"Though Entitlements Are Structural, Not a Cyclical Problem, Entitlement Outlays Go Up with High Unemployment"Source
HOUSE_OVERSIGHT_021034.jpg
Quote #1
"86% Correlation Between 1986 & 2009"Source
HOUSE_OVERSIGHT_021034.jpg
Quote #2
"Restore labor mobility by reducing housing imbalances"Source
HOUSE_OVERSIGHT_021034.jpg
Quote #3
"Encourage inward foreign direct investment, “onshoring” which would increase domestic employment"Source
HOUSE_OVERSIGHT_021034.jpg
Quote #4
Full Extracted Text
Complete text extracted from the document (1,295 characters)
Though Entitlements Are Structural, Not a Cyclical Problem,
Entitlement Outlays Go Up with High Unemployment
Entitlement Outlays Go Up with High Unemployment
Real Entitlement Spending Y/Y Growth & Unemployment Rates, 1962 - 2009
Real Entitlement Spending Y/Y & Unemployment Rates (%)
20%
15%
10%
5%
0%
-5%
-10%
Real Entitlement Spending Y/Y
Unemployment Rate
86% Correlation Between 1986 & 2009
1962 1966 1970 1974 1978 1982 1986 1990 1994 1998 2002 2006
20%
15%
10%
5%
0%
-5%
-10%
Real Entitlement Spending Y/Y
Unemployment Rate
86% Correlation Between 1986 & 2009
1962 1966 1970 1974 1978 1982 1986 1990 1994 1998 2002 2006
KP
CB www.kpcb.com
Note: Real spending adjusted for inflation. Fiscal year ends in September. Source: White House Office of Management &
Budget, Bureau of Labor Statistics.
USA Inc. | What Might a Turnaround Expert Consider? 385
CB www.kpcb.com
Note: Real spending adjusted for inflation. Fiscal year ends in September. Source: White House Office of Management &
Budget, Bureau of Labor Statistics.
USA Inc. | What Might a Turnaround Expert Consider? 385
Increase Employment –
High-Level Policy Options to Consider
High-Level Policy Options to Consider
Short-run options:
1) Payroll tax holiday and/or
2) Employment tax credit and/or
3) Job training and/or
4) Restore labor mobility by reducing housing imbalances
1) Payroll tax holiday and/or
2) Employment tax credit and/or
3) Job training and/or
4) Restore labor mobility by reducing housing imbalances
Medium- to long-run options:
1) Reduce employer health care costs and/or
2) Improve vocational training/education and/or
3) Encourage inward foreign direct investment, “onshoring”
which would increase domestic employment
1) Reduce employer health care costs and/or
2) Improve vocational training/education and/or
3) Encourage inward foreign direct investment, “onshoring”
which would increase domestic employment
KP
CB www.kpcb.com
Source: Richard Berner, “Employment Prospects and Policies to Improve Them” (2/26/10), Morgan Stanley Research.
USA Inc. | What Might a Turnaround Expert Consider? 386
CB www.kpcb.com
Source: Richard Berner, “Employment Prospects and Policies to Improve Them” (2/26/10), Morgan Stanley Research.
USA Inc. | What Might a Turnaround Expert Consider? 386
HOUSE_OVERSIGHT_021034
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