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 mS — -=Personal Consumption (ex. Healthcare) as % of GDP ° = 1950-1980 Trend line for Personal Consumption as % of GDP = 2 S 2 [o} -_- — a fm —_— ee _ — — (s) 5 6 YG a agg = mem me cree son 0s se St = ag g ad Se / — JZ & 7 ve, Fi ie Vv 1950 1955 1960 1965 1970 1975 1980 1985 1990 1995 2000 2005 KP Note: Personal consumption includes household consumption of ail goods and services. Source: BEA, Federal Reserve. i 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 a x) x ‘ — —_—_=]|-=-=— = = B 8% ANP NA ne I ” 8 1950-1980 Trend line for Net Saving as % of GDP GB 4% -—-- nn NW Nf No ® za @ Zz < 0% 2 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. K P Source: BEA, Federal Reserve. Ce USA Inc. | What Might a Turnaround Expert Consider? 406 HOUSE_OVERSIGHT_021044