Total Government (Federal + State + Local, including Military) Spending Has Risen to 82% of Median Household Income’, Up from 51% in 1967 Real USA Government Spending per Household and as Percent of Post-Tax Median Annual Household Income, 1967 — 2010 3 3s ° 3 Sa 2 $40,000 -------------- =~ = +55 55 52 2 oe oo oo 2 2 == == fh a 80% of ° an) = Ze 7 ” 7) 3° jo o 8 =) rs < $30,000 ------------ - jon - - Uy - - Sit at Suit 60% Ls 3 go = 2° ow a> - £9 ” cos r= $20,000 | ]- att it at Shit at Suit 40% § 2 @ Q. E @ & 5 €> g ES & $10,000 +} ]- tt tt at Shit tt Suit 20% ES g $ 2 8 $0 0% 1967 1970 1973 1976 1979 1982 1985 1988 1991 1994 1997 2000 2003 2006 2009 mam Real Government (Federal+State+Local) Spending per Household ($) —— Government Spending per Household as % of Median Household Income (%) Note: *Post tax. Real spending adjusted for inflation using BEA’s GDP price index, in 2005 dollars. Data source: Census Bureau, KP Bureau of Economic Analysis. (@)) www.kpcb.com USA Inc. | What Might a Turnaround Expert Consider? 331 Federal (Including Military) Spending Has Risen to 65% of Median Household Income”, Up from 39% in 1967, Driven by Entitlement Spending + Interest Payments Real USA Federal Spending per Household and as Percent of Post-Tax Median Household Income, 1967 — 2010 $40,000 «==>. 0smccoam-csmccsam meena mec R oem ccomsorenane oremenec meses FQ & a] 2 & 60% ans ° 2 BSOC OO am se eo ee cates ce ev ums sees a — ts se ones Sr — euis eies & B gos mes cam mun soo yg Re a a mm * os 50% 8S p>} Bo ° ° r= = 30 5 40% $ 5% 2 2 @ $20,000 a4 li ; - 7 - i i tat F 2s E 30% 5 2 < ao 2 5 m 200% = © $10,000 - ttt 5 = 7 5 = Fi 5 F at - s a 2. 2 10% © o 3 $0 0% Ww 1967 1970 1973 1976 1979 1982 1985 1988 1991 1994 1997 2000 2003 2006 2009 man Entitlement / Interest Payments / One-Time Real Federal Spending per Household mam Real Federal Spending per Household (ex. Entitlement / Interest Payments / One-Time Items) ——Federal Spending per Household as % of Median Household Income