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Jul 26 2012

The “Fiscal Cliff”

The “Fiscal Cliff”

Chart appeared in: Keynote Speech at Concord-CED Economic Development Forum on Eurozone Crisis

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The “Fiscal Cliff” CED-Eurocrisis_Jul 26_Page_12.jpg (274.0 KBs)

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7/26/12 -

Spending and Revenues 1950-2012
7/26/12 -

Eurozone Economy Slowing
7/26/12 -

Recoveries Take Longer
7/26/12 -

Economists Reinhart and Rogoff on Danger of Gross Debt Above 90 Percent of GDP Threshold
7/26/12 -

Austerity is Strangling Europe
7/26/12 -

Downturn Deepens in Euro-Zone Economy
7/26/12 -

Gross Debt as % of GDP Under CBO Alternative Fiscal Scenario
7/26/12 -

Economic Performance 2008-2011
7/26/12 -

Who’s Buying U.S. Exports
7/26/12 -

What’s Holding Back U.S. Economy From Stronger Recovery
7/26/12 -
Current record
7/26/12 -

Private-Sector Jobs Picture 2009-2012
7/26/12 -

Economist Blinder on Threat to U.S. from European Debt
7/26/12 -

CBO Long-Term Debt Outlook
7/26/12 -

U.S. Borrowing Almost 40 Cents of Every Dollar It Spends
7/26/12 -

U.S. Economic Growth Has Outpaced Global Competition
7/26/12 -

Economic Crisis of 2008-2009
7/24/12 -

Increase in After-Tax Income From Tax Expenditures
7/24/12 -

Historical Average for Revenues is Not a Useful Benchmark
7/24/12 -

Former Senate Budget Committee Chairman Gregg on Need for More Revenue
7/24/12 -

Spending and Revenues 1950-2012
7/24/12 -

CBO Long-Term Debt Outlook
7/24/12 -

Last Five Times Budget in Surplus, Revenues Near 20% of GDP
7/24/12 -

Some Wealthy Paying No Federal Income Tax
7/24/12 -

Middle-Class Tax Relief Act of 2012
7/24/12 -

Last Time Top Rate Was 39.6%, We Experienced Longest Period of Uninterrupted Economic Growth in U.S. History