What Will Become of America’s Economy? May 18, 1999.
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Transcript of What Will Become of America’s Economy? May 18, 1999.
What Will Become of America’s Economy?
May 18, 1999
The Global Economy is Real
Economic RennaissanceUS Productivity and ServicesChange, Change and More ChangeEducation Haves and Have-NotChange Means Growth
The Global Economy is Largely a Myth
What is the global economy?Information flow in the global economyThe global competition mythEvolution of the global economyGlobalization of CorporationsCaution for Businesses
Entitlement Programs are Sustainable
Defining Entitlements > The US is obligated to make payments to certain individuals who meet legal requirements.
Social Security SolvencyContributions and Benefits
Entitlement Programs are not Sustainable
Government Action Now!
Demographic ChangesRestoring Balance
America Needs an Industrial Policy
Re-structuring the EconomyTrading Places
America Does Not Need an Industrial Policy
The popular fable of MITIFollies of Japan’s MinistriesPrivatization and Deregulation
America’s Economy May Become Intensely Regulated
Beyond Our MeansHyperinflation ScenarioDeflation ScenarioCompounding DebtGovernment Regulation ScenarioAn Uncheerful ProspectThe Keys to Success
Economic Scenarios: From Boom to Collapse
Boom Times : Up, Up and Away Consumer SpendingSteady Growth A Stagnant EconomyTaxes and Regulation An Economic Nightmare The Income Gap