2. America today: the status quo Snapshot: 2010 “Only a foolish optimist… …can deny the stark realities …of the moment.” –FDR
3. Snapshot: Wage Stagnation Workers were left behind. Since the 1970’s and 1980’s, wages stagnated. Which used to closely track productivity Source: Economic Policy Institute
4. Snapshot: Union Demographics Younger workers are unionized at much lower rates than past generations. Younger workers are unionized at much lower rates than past generations. It looks like sooner than later, unions will be phased out. ^ Bureau of Labor Statistics (January 28, 2009).
5. Snapshot: Housing Bubble The Housing Bubble amounted to a wealth bubble Millions of Americans made financial choices based on assets that later evaporated.
6. Increasing education access has been one of the great progressive achievements of the 20th Century in America. Snapshot: Mass Education in America America. 20th Century achievements of progressive has been one of the great Increasing education access
7. Snapshot: Student Aid Since 1980 Loan aid has replaced grant aid as the dominant form of financial aid
8. By 2050, Health Care Programs Will Dominate Federal Spending + 192.7% + 0.6%
9. Quality of Care Lags While Costs Rise. The US spends 16% of GDP on Health Care. Yet the WHO ranks the US 37th worldwide in health care quality. That's 60% more than Canada and 100% more than Japan. United States United States Japan Canada Canada Japan 10% 16% 37 30 8% 10 16%
10. Our Place in the World: Foreign Aid 41% of Americans believe that Foreign Aid is one of the government’s top two expenditures. In fact, the US government spends less than 1% of its budget on Foreign Aid.
12. America’s Wealth The richest 1/5 of the population owns more than 80% of America’s wealth.
13. Social Security is a big part of even the wealthiest American’s retirement. everything Snapshot: How Americans Retire But for lower income Americans, it’s almost… Lower-income Americans depend on social security for their retirement
14. Snapshot: Social Security Assets Without reforms to the current system’s finances or rules, Social Security will begin to run a deficit in 2038. Under current rules, Social Security is funded through 2038, but runs a deficit thereafter 2008 2023 2038 2053 2068 2083
15. People in the 80’s had values and outcomes in mind too—and they acted on them. How did we get here? “Our true destiny is not to be ministered unto… but to minister to ourselves …to our fellow men.”
22. How do we protect American workers, while preserving our tradition of openness? What are the challenges ahead? How do we rein in the exploding cost of health care? How do we create sustainable, thriving urban centers? How do we rebuild our tradition of stable homeownership? How do we ensure regular people have a powerful voice? How can we tackle global warming, on a global scale? What kind of safety net do we want? Will we restore America’s social mobility? Can we reverse decades of urban and rural poverty? It’s your choice. Decide. What is the future of energy in America? What is the role of the US in a changing world?
23. How do you inherit the 2040 you envisioned from where we are now? Where do you want to go? “They only know the rules of a generation of self-seekers. They have no vision, and when there is no vision the people perish