K-12 Tax & Spending Climate: The US Fiscal Outlook

Mary Meeker's Address on the State of USA Inc.

1) America is losing its edge - some of this is inevitable as other countries improve their competitiveness, some of this is self inflicted.

2) Financial strength is vital to competitiveness - it's core to a healthy economy, job creation, vibrant education / culture and military leadership.

3) Positive cash flow and a strong balance sheet are key to financial strength - bottom line, it's bad to spend more than one brings in, as America is doing. In effect, as each day passes - with our rising losses and debt load - we rob just a little bit more from the future.

4) America does not need to lose its edge, it needs conviction and leadership to move its 'business model' in the right direction - we are all in this together, we need to understand and acknowledge our problems and agree to move forward with collective inspiration and sacrifice.

5) American tax dollars fund our government - we all need to understand where our taxes go and decide if we believe our hard-earned dollars are put to their highest-and-best use. The politicians we elect decide where our money goes.

View Meeker's complete presentation, here (1.6MB PDF).

Posted by Jim Zellmer at November 28, 2012 5:08 AM
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