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April 2010 final

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Seven Rivers Region Economic Indicators Breakfast Meeting. April 2010.

Published in: Economy & Finance
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April 2010 final

  1. 1. Economic Indicators:<br />An Update for the 7 Rivers Region<br />
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  3. 3. Disclaimer:<br />I’m the self declared truth police here to expose bipartisan hyperbole. The views expressed today are my own, however they probably do not reflect the views of the sponsors, my employer, or anyone else.<br />
  4. 4. Began late summer 2009<br />Expect it to be slow.<br />The Recovery<br />
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  16. 16. Expand Coverage<br /> Increase Access<br />Cost Controls <br />Taxes and Fees<br />
  17. 17. Expand Coverage<br /> 32 Million more Americans covered, about half through Medicaid<br />
  18. 18. National Compensation Measures as a Share of GDP, NIPA 1960-2006<br />Private Group Health Insurance<br />56.4% of GDP<br />56.3% of GDP<br />Other Fringe Benefits and Payroll Taxes<br />3.8%<br />6.7%<br />0.6%<br />4.1%<br />Wages<br />51.8%<br />45.6%<br />2006<br />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.<br />
  19. 19. Cost Controls<br /> Independent Medicare Board<br />
  20. 20. Long Term Fiscal Problems<br />Medicare and Medicaid. <br />
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  24. 24. Taxes and Fees<br />
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  28. 28. The Housing Market<br />
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  32. 32. Encouraging a culture of innovation and change.<br />Innovation<br />
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  34. 34. Mark Glendenning, <br />Inland Label and Marketing Services<br />Jerry Arndt, <br />Gundersen Lutheran<br />Mike Cichanowski, <br />Wenonah Canoe   <br />Panelists<br />

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