HOUSE_OVERSIGHT_020909.jpg
1.09 MB
Extraction Summary
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People
4
Organizations
1
Locations
0
Events
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Relationships
2
Quotes
Document Information
Type:
Presentation slides / financial analysis
File Size:
1.09 MB
Summary
This document contains two slides from a presentation titled 'USA Inc.' created by KPCB (Kleiner Perkins). The slides present a financial analysis of the US Social Security system, highlighting a demographic shift where the ratio of workers supporting each retiree dropped from 42 in 1945 to 3 in 2009. The document bears a 'HOUSE_OVERSIGHT' stamp, indicating it was part of a document production for a congressional investigation.
Organizations (4)
| Name | Type | Context |
|---|---|---|
| KPCB |
Logo present on footer (Kleiner Perkins Caufield & Byers)
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| Social Security Administration |
Cited as source for the graph
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| USA, Inc. |
Title of the analysis/presentation series
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| House Oversight Committee |
Inferred from the Bates stamp 'HOUSE_OVERSIGHT_020909'
|
Locations (1)
| Location | Context |
|---|---|
Key Quotes (2)
"Social Security: Each Retiree Was Supported by 42 Workers in 1945 & Just 3 Workers in 2009"Source
HOUSE_OVERSIGHT_020909.jpg
Quote #1
"If you are a worker in USA, Inc. (as 81 million tax-paying Americans are), in effect, you have 5 times more ‘dependents*’ than your parents had and 15 times more than your grandparents."Source
HOUSE_OVERSIGHT_020909.jpg
Quote #2
Full Extracted Text
Complete text extracted from the document (842 characters)
Social Security: Each Retiree Was Supported by 42 Workers in 1945 & Just 3 Workers in 2009
Supporting Workers per Social Security Beneficiary, 1945 – 2030E
Supporting Workers per Beneficiary
[Y-Axis: 45, 40, 35, 30, 25, 20, 15, 10, 5, 0]
[X-Axis: 1945, 1955, 1965, 1975, 1985, 1995, 2005, 2015E, 2025E]
Forecast
[Y-Axis: 45, 40, 35, 30, 25, 20, 15, 10, 5, 0]
[X-Axis: 1945, 1955, 1965, 1975, 1985, 1995, 2005, 2015E, 2025E]
Forecast
KPCB
www.kpcb.com
Source: Social Security Administration.
USA Inc. | Income Statement Drilldown 135
www.kpcb.com
Source: Social Security Administration.
USA Inc. | Income Statement Drilldown 135
Think About That...
If you are a worker in USA, Inc. (as 81 million tax-paying Americans are), in effect, you have 5 times more ‘dependents*’ than your parents had and 15 times more than your grandparents.
KPCB
www.kpcb.com
Note: * ‘Dependents’ = retirees who receive Social Security benefits primarily funded via payroll taxes on current working population.
USA Inc. | Income Statement Drilldown 136
www.kpcb.com
Note: * ‘Dependents’ = retirees who receive Social Security benefits primarily funded via payroll taxes on current working population.
USA Inc. | Income Statement Drilldown 136
HOUSE_OVERSIGHT_020909
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