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es” Over Past 80 Years From 1789 to 1930, 41%!‘ of USA Inc.’s cumulative budget was dedicated to defense spending (compared with 20%! in F2010), per the Census Bureau. This began to change in the 1930s, when the federal government substantially expanded its role (in effect, expanded its “business lines”) in respon
966 1970 1974 1978 1982 1986 1990 1994 1998 2002 2006 2010 KP Note: Fiscal year ends in September. Source: White House Office of Management & Budget, Bureau of Labor Statistics. a USA Inc. | Income Statement Drilldown 124 HOUSE_OVERSIGHT_020903 Unemployment Benefits: Good News—Unemployment Change In the Past Has Strong (7
Trend -2% | -2% 2010 2014 Note: Real GDP per Adult Trend = 1.88% Average Annual Growth from 1Q1950 to 4Q2015 Source: Bureau of Economic Analysis, Bureau of Labor Statistics, Laffer Associates Even when a president’s term ends on a high note, as was the case with Presidents Kennedy, Reagan and Clinton, it is a challenge
Page: HOUSE_OVERSIGHT_025298 →29 0 821 1087 64 2342 3024 45 18 31 1 827 1088 57 2342 3037 32 18 31 1 Source: 2016-2016: NCSL, numbers are as of January for each year; 1976-2012: Census Bureau, numbers are as of March for each year HOUSE_OVERSIGHT_025307 --- PAGE BREAK --- Laffer Associates Game On [Updated 7/6/2016] To put substance i
Page: HOUSE_OVERSIGHT_025308 →from 2009 to 2010--but grew by less than 1% for the bottom 90% over the same time period, and fell for many income groups (5). Additionally, although the Census Bureau estimates that real mean household income increased 0.2% in 2011 and 2012, it declined for all groups other than those in the top fifth of earners (
Page: HOUSE_OVERSIGHT_025767 →ave less access to benefits, such as private health insurance, pensions, and paid leave, compared with their higher-paying brethren (50). Considering the Bureau of Labor Statistics’ forecasts that low-paying jobs will dominate employment gains for the next decade, it seems clear that labor-income disparity will continue to wide
Page: HOUSE_OVERSIGHT_025780 →Entities connected to both the Census Bureau and Bureau of Labor Statistics

Barack Obama
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Donald Trump
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George W. Bush
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United States
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Julie K. Brown
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Bill Clinton
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Marc Rich
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Joe Biden
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Bloomberg L.P.
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Virginia Giuffre
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Department of Justice
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Jeffrey Epstein
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George Mitchell
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Wisconsin
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Stephen Hawking
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Prince Andrew
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Michael Cohen
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Mitch McConnell
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