USA’s Unbalanced Economy — Personal Consumption (Driven in Part by Healthcare) =
71% of GDP vs. 62% From 1950 To 1980...
Personal Consumption as % of GDP, 1950 - 2009
Personal Consumption as % of GDP
— -=Personal Consumption (ex. Healthcare) as % of GDP
Personal Consumption as % of GDP
- “\aly Vv
BBY od)
1950 1955 1960 1965 1970 1975 1980 1985 1990 1995 2000 2005
Note: Personal consumption includes household consumption of ail goods and services. Source: BEA, Federal Reserve. www.kpcb.com USA Inc. | What Might a Turnaround Expert Consider? 405
... USA’s Unbalanced Economy — National Savings (Personal + Corporate + Government Savings) = -3% of GDP, vs. 10% From 1950 To 1980
USA Net Saving as % of GDP, 1950 - 2009
0% +
USA Net National Saving as % of GDP
1950 1955 1960 1965 1970 1975 1980 1985 1990 1995 2000 2005
Note: National savings equal the aggregate savings by household, corporate and government sectors.
KP Source: BEA, Federal Reserve. (@E) www.kpcb.com USA Inc. | What Might a Turnaround Expert Consider? 406
HOUSE_OVERSIGHT_021044