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Net Job Changes as % of Employment in Sector
-40%
Construction
Manufacturing
Information
Business Services
Wholesale
Transportation and Utilities
Mining
Retail
Finance
Leisure
Other
Government
Education
Heath care
-30%
-20%
-10%
0%
10%
Employment Cumulative Decline from NBER Peak
8
1948
6
4
1953
1957
2
0
-2
-4
2007
-6
-8
1
7
13
19
25
31
37
Employment Cumulative Decline from NBER Peak
2
1990
1
0
2001
-1
-2
-3
-4
-5
2007
-6
-7
1
12
23
34
12.00
Unemployment Rate by Duration
10.00
8.00
6.00
< 5 Weeks
4.00
5 to 14 Weeks
2.00
15-26 Weeks
0.00
Jan-80
Source: BLS
>26 Weeks
Jan-83
Jan-86
Jan-89
Jan-92
Jan-95
Jan-98
Jan-01
Jan-04
Jan-07
Jan-10
100%
Percent of unemployed by unemployment duration
< 5 Weeks
75%
50%
5 to 14 Weeks
25%
15 to 26 Weeks
> 26 Weeks
0%
Jan-80
Source: BLS
Jan-83
Jan-86
Jan-89
Jan-92
Jan-95
Jan-98
Jan-01
Jan-04
Jan-07
Jan-10
Median Duration of Unemployment (Weeks)
25
20
15
10
5
0
Jul-67
Jul-74
Jul-81
Jul-88
Jul-95
Jul-02
Jul-09
Which is the most likely cause of rising health
care costs...
Medical
Malpractice/Litigation
Government Intervention
Prescription Drugs
Physician Salaries
Rising Incomes
-
10.0
20.0
30.0
40.0
2007 Public Health Expenditures as Percent of GDP
France
Denmark
Germany
Austria
Iceland
Norway
Sweden
United States
New Zealand
Canada
United Kingdom
Italy
Switzerland
Ireland
Finland
Spain
Australia
Czech Republic
Greece
Hungary
Slovak Republic
Poland
Korea
Mexico
-
2.0
4.0
6.0
8.0
10.0
Expand Coverage
Increase Access
Cost Controls
Taxes and Fees
Expand Coverage
32 Million more Americans covered, about
half through Medicaid
National Compensation Measures as a Share
of GDP, NIPA 1960-2006
Private Group Health Insurance
56.3%
of GDP
Other Fringe Benefits and Payroll Taxes
3.8%
0.6%
56.4%
of GDP
6.7%
4.1%
Wages
51.8%
1960
45.6%
1970
1980
1990
Source: Kaiser Family Foundation analysis of data from the U.S. Department of Commerce, Bureau of Economic Analysis,
National Income and Product Accounts, 1960-2006, Tables 1.1.5, 2.1, 6.11B, 6.11C, & 6.11D, 2008.
2000
2006
Cost Controls
Independent Medicare Board
Long Term Fiscal Problems
Medicare and Medicaid.
Taxes and Fees
Top Marginal Tax Rate
100
Democrats
Republicans
75
50
25
0
1913
1923
1933
1943
1953
1963
1973
1983
1993
2003
2013
Budget Balance as Percentage of GDP
10.0
5.0
0.0
-5.0
-10.0
-15.0
-20.0
-25.0
Year Democrats
Year Republicans
-30.0
-35.0
1930
1940
1950
1960
1970
1980
1990
2000
Actual Budget Balance with 5 Year OMB Forecasts
5.0
0.0
-5.0
-10.0
-15.0
1980
1985
1990
1995
2000
2005
2010
2015
Panelists
Mark Glendenning,
Inland Label and Marketing Services
Jerry Arndt,
Gundersen Lutheran
Mike Cichanowski,
Wenonah Canoe