HOUSE_OVERSIGHT_021024.jpg

1.52 MB

Extraction Summary

3
People
5
Organizations
1
Locations
0
Events
2
Relationships
4
Quotes

Document Information

Type: Presentation slides / report
File Size: 1.52 MB
Summary

This document contains two slides from a 'USA Inc.' presentation by KPCB (Kleiner Perkins), likely authored by Mary Meeker (though she is not named on these specific pages). The slides analyze US economic growth, focusing on productivity, employment, and tax revenues, citing sources like the OECD and Federal Reserve with data up to 2009/2010. The document bears a 'HOUSE_OVERSIGHT' Bates stamp, indicating it was part of a document production for a congressional investigation, likely included in materials related to Jeffrey Epstein's associations with financial figures or tech executives, though Epstein is not mentioned in the text.

People (3)

Name Role Context
Dale W. Jorgenson Author/Source
Cited in source footnote regarding 'Growth of U.S. Industries...'
Mun S. Ho Author/Source
Cited in source footnote
Kevin J. Stiroh Author/Source
Cited in source footnote

Organizations (5)

Name Type Context
KPCB
Kleiner Perkins Caufield & Byers, the firm branding the presentation slides (logos in footer)
OECD
Cited as a data source
Federal Reserve
Cited as a source for a study on immigration and employment dated 8/10
NBER
National Bureau of Economic Research, referenced in the source URL
House Oversight Committee
Implied by the Bates stamp 'HOUSE_OVERSIGHT'

Locations (1)

Location Context
USA
Subject of the report 'USA Inc.', references to 'US-born workers'

Relationships (2)

Dale W. Jorgenson Co-authors Mun S. Ho
Listed together in source citation
Dale W. Jorgenson Co-authors Kevin J. Stiroh
Listed together in source citation

Key Quotes (4)

"Focus on Productivity & Employment Growth, Each of Which Accounts for ~50% of Long-Term Real GDP Growth"
Source
HOUSE_OVERSIGHT_021024.jpg
Quote #1
"Immigration does not reduce employment opportunities for US-born workers, per Federal Reserve study in 8/10."
Source
HOUSE_OVERSIGHT_021024.jpg
Quote #2
"Hours Worked per Worker Have Remained Steady at ~39-40 Hours per Week From 1970 to 2009 and Will Likely Remain Steady."
Source
HOUSE_OVERSIGHT_021024.jpg
Quote #3
"Invest in Technology / Infrastructure / Education"
Source
HOUSE_OVERSIGHT_021024.jpg
Quote #4

Full Extracted Text

Complete text extracted from the document (1,550 characters)

Focus on Productivity & Employment Growth,
Each of Which Accounts for ~50% of Long-Term Real GDP Growth
• Investments in Technology / Infrastructure / Education Boost Productivity.
– Newer technology improves efficiency of communication and lowers costs of
providing goods and services.
– Better infrastructure reduces transportation costs for input and output materials
– Better education improves general labor quality and enables specialization for
more efficiency.
• Removing Restrictions / Uncertainties in Various Regulations Can
Stimulate Private Employment.
– Immigration does not reduce employment opportunities for US-born workers,
per Federal Reserve study in 8/10.
– Removing tax / regulatory uncertainty could help create hiring incentives for
private industries.
• Hours Worked per Worker Have Remained Steady at ~39-40 Hours per
Week From 1970 to 2009 and Will Likely Remain Steady.
Source: OECD, Dale W. Jorgenson, Mun S. Ho, Kevin J. Stiroh, "Growth of U.S. Industries and Investments in Information
Technology and Higher Education" http://www.nber.org/chapters/c10627, Federal Reserve.
KPCB
www.kpcb.com
USA Inc. | What Might a Turnaround Expert Consider? 365
2
Focus on
Revenues
Drive Sustainable
Economic
Growth
Consider
Changing Tax
Policies
Invest in Technology / Infrastructure / Education
Increase / Improve Employment
Improve Competitiveness
Review Tax Rates
Reduce Subsidies / Tax Expenditures*/
Broaden Tax Base
KPCB
www.kpcb.com
USA Inc. | What Might a Turnaround Expert Consider? 366
HOUSE_OVERSIGHT_021024

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