Executing on Mary Meeker’s Vision for America: USA Inc. — from readwrite.com by Michael Tchong


In true Meeker style, USA Inc. is a meticulously crafted, chart-heavy presentation. This one, though, paints a bleak picture. Most startling: America’s entitlement costs accounted for 56% of spending in fiscal 2011, 40 years ago it was just 25%. Here is more food for thought:

  • Expenses have exceeded revenue in all but five of the past 47 years.
  • 1 in 50 Americans needed Medicaid when it was created in 1965. Today, 1 in 6 do.
  • Unfunded and underfunded entitlement liabilities now total $66 trillion.


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