HOUSE_OVERSIGHT_021021.jpg
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Financial presentation slides / economic report
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1.58 MB
Summary
This document contains two slides from a KPCB presentation titled 'USA Inc.,' analyzing US GDP growth. The slides compare the Congressional Budget Office's (CBO) baseline forecasts against the GDP growth required to eliminate the fiscal deficit, arguing that the necessary growth rate (6-7%) is historically unlikely without policy changes. The document bears a 'HOUSE_OVERSIGHT_021021' Bates stamp, indicating it was part of document production for a House Oversight Committee investigation, likely related to financial records.
Organizations (6)
Locations (1)
| Location | Context |
|---|---|
Key Quotes (2)
"How Much Would Real GDP Need to Grow to Drive USA Inc. to Break-Even Without Policy Changes?"Source
HOUSE_OVERSIGHT_021021.jpg
Quote #1
"It’s Highly Unlikely That Annual Real GDP Can Grow Faster Than 6%... It Happened Only 8 Times in Past 60 Years and Was Always Linked to a Cyclical Bounce Back"Source
HOUSE_OVERSIGHT_021021.jpg
Quote #2
Full Extracted Text
Complete text extracted from the document (1,522 characters)
How Much Would Real GDP Need to Grow to Drive USA Inc. to Break-Even Without Policy Changes? 6-7% in F2012E-F2014E & 4-5% in F2015-F2020E...Well Above 40-Year Average of 3%
CBO’s Baseline Real GDP Growth vs. Required Real GDP Growth for a Balanced Budget Between F2011E and F2020E
[Chart Y-Axis Label: Real GDP Y/Y Growth (%)]
8%
6%
4%
2%
0%
-2%
-4%
8%
6%
4%
2%
0%
-2%
-4%
[Chart X-Axis Labels: 2009, 2011E, 2013E, 2015E, 2017E, 2019E]
[Legend]
Real GDP Annual Growth (CBO Baseline Forecast)
Real GDP Annual Growth Needed to Eliminate Fiscal Deficit
1970-2009 Average Real GDP Growth
Real GDP Annual Growth (CBO Baseline Forecast)
Real GDP Annual Growth Needed to Eliminate Fiscal Deficit
1970-2009 Average Real GDP Growth
KP
CB www.kpcb.com
CB www.kpcb.com
Source: CBO, “The Budget and Economic Outlook: Fiscal Years 2010 to 2020,” 8/10.
USA Inc. | What Might a Turnaround Expert Consider? 359
USA Inc. | What Might a Turnaround Expert Consider? 359
It’s Highly Unlikely That Annual Real GDP Can Grow Faster Than 6%...
It Happened Only 8 Times in Past 60 Years and Was Always Linked to a Cyclical Bounce Back
It Happened Only 8 Times in Past 60 Years and Was Always Linked to a Cyclical Bounce Back
CBO’s Baseline Real Annual GDP Growth vs. Required Real Annual GDP Growth for a Balanced Budget Between F2011E and F2020E in Historical Context (1950-2020E)
[Chart Y-Axis Label: Real GDP Y/Y Growth (%)]
10%
8%
6%
4%
2%
0%
-2%
-4%
10%
8%
6%
4%
2%
0%
-2%
-4%
[Chart X-Axis Labels: 1950, 1960, 1970, 1980, 1990, 2000, 2010E, 2020E]
[Legend]
Real GDP Annual Growth (Historical)
Real GDP Annual Growth (CBO’s Baseline Forecast)
Real GDP Annual Growth Needed to Eliminate Fiscal Deficit
Real GDP Annual Growth (Historical)
Real GDP Annual Growth (CBO’s Baseline Forecast)
Real GDP Annual Growth Needed to Eliminate Fiscal Deficit
KP
CB www.kpcb.com
CB www.kpcb.com
Source: CBO, “The Budget and Economic Outlook: Fiscal Years 2010 to 2020,” 8/10.
USA Inc. | What Might a Turnaround Expert Consider? 360
USA Inc. | What Might a Turnaround Expert Consider? 360
HOUSE_OVERSIGHT_021021
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