This document contains page 49 and a blank page 50 of a presentation report titled 'USA Inc. | High Level Thoughts' produced by the venture capital firm KPCB. The text discusses macroeconomic sustainability, comparing national economics to business and household budgeting principles. The document bears a 'HOUSE_OVERSIGHT' Bates stamp, indicating it is part of a congressional investigation document production.
| Name | Type | Context |
|---|---|---|
| KPCB |
Venture capital firm (Kleiner Perkins Caufield & Byers) identified by logo and website in footer.
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| USA Inc. |
The entity being analyzed in the report (metaphor for the US Government).
|
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| House Oversight Committee |
Implied by the Bates stamp 'HOUSE_OVERSIGHT_020866'.
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"We begin with the premise that for an enterprise (even a country that can ‘print money’ and tax) to be sustainable, it cannot lose money on an ongoing basis."Source
"Successful businesses (and households) typically base their expenses on their ability to generate present and future revenue – in other words, they don’t spend unless they can pay."Source
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