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					Growth Rates and
    Wealth
                     Growth Rates


Economic Measures

  -- Economies tend to be valued according to two basic
  statistics:
      • Gross Domestic Product (GDP)
      • Gross National Product (GNP)
  -- Think of it as a measure of standard of living

comparative approach
  -- let’s look at the numbers for America versus other places
America’s economy is larger than anyone else’s
America’s economy is larger than anyone else’s

Unless you lump certain European countries together
China

Growing faster than us (8%), but has a smaller slice
       Steep upward trend




1960         1980           2005
 Notice that Key
European societies
are more sluggish
  Notice that the
Japanese were our
 rivals from1985-
        1995




                    1995


          1985
                           America     Recent Conditions




Jan/06   Jan/07   Jan/08   Jan/09    Jan/10     Jan/11
Certain European countries
     lumped together
The scale is
 different!
6




-8

2




    -3
5.4%

                         -6.8%



0.8%      Question:
       Which system is    -2.5%
           better?
Everyone
 Votes!
           1. The European          29
              economic system
           2. The American economic 27
              system
Which is the
  better
 system?       5
               2
               1
Stock Market
                      Growth Rates


Stock Market

   -- Let’s look at the stock market
   (Only the Dow Jones) [explain]
                  Stock Market




Reagan Tax Cuts




11/21/2012         Copyright, Sean Wilson. 2007.   19
                   Stock Market


                                                    Financial collapse


              Clinton Roaring 90s

Reagan Tax Cuts




11/21/2012          Copyright, Sean Wilson. 2007.                   20
             Stock Market




                 14,000


                                                      11,000



                                              6,626



11/21/2012    Copyright, Sean Wilson. 2007.             21
             Over 90% recovered




11/21/2012        Copyright, Sean Wilson. 2007.   22
Unemployment
       10%


                7.9%




         4.4%
3.8%
Wealth Distribution
                       Growth Rates


wealth distribution

   -- Let’s look at wealth distribution
Top 5% = 58.9%
Top 5% = 58.9%

Top 10% = 71.2%
Top 5% = 58.9%

Top 10% = 71.2%

Top 20% = 84.6%
END SESSION

				
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posted:11/22/2012
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