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Table Of Contents

Developments in 2008 and the Near-Term Outlook
Consumer Spending and Saving
Box 1-1: The Economic Stimulus Act of 2008
Residential Investment
Box 1-2: Different Measures of House Prices
Business Fixed Investment
Business Inventories
Government Purchases
Exports and Imports
Prices and Wages
Box 1-3: Alternate Measures of Productivity Growth
Financial Markets
The Long-Term Outlook Through 2014
Growth in GDP over the Long Term
A Perspective on the Past Eight Years
The Global Credit Boom and the Housing Market
Box 2-1: Definitions of Select Financial Terms
The Credit Crunch
Leverage and Reliance on Short-Term Funds
Macroeconomic Consequences of the Crisis
Banks Reduced Lending to Consumers and Businesses
The Onset of the Crisis
Credit Market Investors Reduced Lending to Businesses
The Effect of the Crisis on the Non-Financial Economy
Policy Responses to the Crisis
Policy Responses in 2007
Policy Responses in 2008
Modernizing Financial Regulation
U.S. Energy Use and Policy Goals
The Promise of Market-Oriented Policy Approaches
Market-Oriented Environmental Regulation
The Role for Technology Inducement Policies
Increasing Use of Alternative Energy Sources
Generating Electricity
Alternative Transportation Fuels
Harnessing Existing Energy Sources More Responsibly
Increasing Efficiency
Cleaner Use of Fossil Fuels
Removing Regulatory Impediments to Domestic Production
Overarching Challenges
Balancing Local, Regional and Global Goals
Efficient R&D Support for Alternative Energy Sources
Economically Efficient Regulation Under Existing Statutes
Global Action on Climate Change
Trade and Investment in the United States
The Benefits of Free Trade
Free Trade Agreements
Reductions in Tariffs
The Benefits of Open Investment
U.S. Investment and Investment Policy
Box 4-2: Sovereign Wealth Funds
Foreign Investment Policy
Development Assistance Initiatives
Millennium Challenge Corporation
Trade Capacity Building
Investment Promotion Programs
Trade Preference Programs
Trade Policy Going Forward
Individual Income Tax Reform
Lowering Tax Rates Stimulates Economic Growth
Box 5-1: Encouraging Human Capital Investment
Box 5-2: Double Taxation Slows Economic Growth
A Record of Tax Reform
Lower Tax Burdens
Pro-Growth Business Tax Reform
Reducing the Double Taxation of Corporate Income
Accelerating Depreciation Allowances
Increasing Small Business Expensing
Tax Credits for Research and Development
International Competitiveness
Future Challenges
Making Tax Relief Permanent
Fixing the Alternative Minimum Tax
Simplifying the Tax Code
Background Facts About Entitlement Programs
Social Security
Major Entitlement Spending Over Time
Box 6-1: Undesirable Consequences of Social Security
Medicare and Medicaid
Box 6-2: Long-Term Care and Medicaid
Factors That Drive Expenditure Growth Over Time
Demographic Shifts
Increased Health Care Spending per Beneficiary
The Bottom Line
The Financial Future of Social Security
Addressing Future Solvency
Funding Future Benefits
The Financial Future of Medicare and Medicaid
The Health of the U.S. Population
U.S. Health Care Spending
Box 7-1: Health Savings Accounts: Innovation in Benefit Design
Public Insurance
The Uninsured
Table 7-1.—Uninsurance Rates by Household Income Category
Investing in Public Health
Strengthening Community-Based Health Care
Preparing for Public Health Emergencies
Supporting Research
Promoting Global Health Improvement
Economic Benefits of Education
Primary and Secondary Education
Early Signs of NCLB Success
NCLB Challenges
Higher Education
College Preparedness
Funding Higher Education
Recent Trends in Real Incomes
Worker Flexibility and Training
Retiree Income
Box 8-2: Trade Adjustment Assistance
Looking Ahead
Income Inequality
Immigration Reform
Telecommunications and Broadband
Telecommunications Regulation in an Evolving Market
Spectrum Policy
Box 9-1: The Do Not Call List
Tort Reform
Corporate Governance Reform
Insurance Against Terrorism and Natural Disasters
Box 9-2: The Role of Incentives in Road Investments
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Published by henkos

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Published by: henkos on Sep 29, 2010
Copyright:Attribution Non-commercial


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