Dean’s Fireside Chat

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Dean’s Fireside Chat October 16, 2013 Washington, D.C.

description

Dean’s Fireside Chat. October 16, 2013 Washington, D.C. Political polarization. History of modern deregulation. Deregulation gained momentum in the 1970s Brokerage house-securities firms were officially deregulated in 1975 Railroad Revitalization and Regulatory Reform Act in 1976 - PowerPoint PPT Presentation

Transcript of Dean’s Fireside Chat

Page 1: Dean’s Fireside  Chat

 

Dean’s Fireside Chat

October 16, 2013Washington, D.C.

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 Political polarization

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 History of modern deregulation

• Deregulation gained momentum in the 1970s• Brokerage house-securities firms were officially deregulated in 1975• Railroad Revitalization and Regulatory Reform Act in 1976• Airline Deregulation Act in 1978 • Trucking in 1980• Railroad deregulation occurred under the Staggers Act in 1980• The Garn-St. Germain Depository Institutions Act in 1982• Bus, freight, aviation, and shipping regulations from 1982-1998 • Telecommunications Act in 1996• The Gramm-Leach-Bliley Act in 1999

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 US price controls would lower US and EU longevity

2030 2040 2050 2060-0.7

-0.6

-0.5

-0.4

-0.3

-0.2

-0.1

0

-0.35-0.43

-0.54-0.63

-0.29-0.33

-0.43 -0.46USEU

Generations of 57 Year-Olds

Years of Life Lost to Price

Controls

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 US price controls would cost consumers

more than would be saved

2030 2040 2050 2060-10

-9-8-7-6-5-4-3-2-10

-2.64

-4.64

-6.61

-8.82

-2.03-3.01

-4.61-5.59

USEU

Generations of 57 Year-Olds

Cost of US Price Controls ($Tril-

lions)

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 But expanding US prescription drug insurance would create more value than cost for US and EU consumers

2030 2040 2050 20600

1

2

3

4

5

6

1.30

2.93

4.17

5.49

1.09

2.082.67

3.36

USEU

Generations of 57 Year-Olds

Value of Ex-panded US Drug Insurance ($Tril-

lions)

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 Miscount rates before and after Optical Scanning with

In-precinct Tabulation  Punch Card

SystemPunch Card

SystemPunch Card

SystemOptical Scanning with In-precinct

TabulationJurisdiction 1988 1992 1996 2000DeKalb County 2.23 1.81 2.50 0.34Douglas County 3.69 3.60 3.31 0.98Franklin County 3.73 2.16 3.67 1.07Jasper County 4.39 2.58 3.30 0.89Madison County 2.24 1.55 1.57 0.55McDonough County 3.19 1.71 2.60 0.66McHenry County 1.92 1.16 1.44 0.32Schuyler County 3.21 1.75 2.37 0.84City of Rockford 2.27 1.77 0.30 1.43Average 2.99 2.01 2.34 0.79

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 Annual Immigrant Arrivals

Percentage Change in Net Flow Since 1970

1970 1980 1990 2000 20100

50

100

150

200

250

300

Los Angeles County

California

U.S.

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 Foreign Born Share of The Population

Leveling Off

1970 1980 1990 2000 2010 2020 20300

5

10

15

20

25

30

35

40

United States

California

Los Angeles

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Longer Settled Immigrant Share RisesForeign Born Share of All LA Residents 

By Length of Time in U.S.

0%

10%

20%

30%

40%

50%

60%

<10 yrs<10 yrs <10 yrs <10 yrs <10 yrs <10 yrs <10 yrs

10 to 19 yrs

10 to 19 yrs

10 to 19 yrs10 to 19 yrs

10 to 19 yrs10 to 19 yrs 10 to 19 yrs20 to 29 yrs

20 to 29 yrs

20 to 29 yrs 20 to 29 yrs20 to 29 yrs

20 to 29 yrs 20 to 29 yrs30 yrs+

30 yrs+

30 yrs+30 yrs+

30 yrs+30 yrs+ 30 yrs+

Perc

enta

ge o

f all

LA C

ount

y Re

side

nts

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