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2008, Savings Deficit
Since 2008, The U.S. has gone down in savings rates. It went down right away then started to go up around 2013 and remained even with the savings rate from 2008. -
2009, Budget Deficit
In 2009 the $787 billion economic stimulus package because it helped to cut taxes and extend unemployment benefits. It was needed to kick-start the economy out of recession. -
2010-2012, Budget Deficit
Between 2010 and 2012, the U.S. expenditures are about 1.2 billion dollars more than than the government receipts. This means that the U.S. has spent more money than they have brought in. -
2013, Leadership Deficit
America’s debt is a clear consequence of spending what we did not have. Our gross national debt has increased over 150% over the last decade (2013) -
2014, Trade Deficit
The US trade deficit with china was $367 billion in 2015. In 2014, it was $343 billion. So it went up. This is because the imports from china were at $483.9 billion and exports were at $116.2 billion. The causes of this trade deficit because in China you are allowed to pay lower wages to workers. This also causes job loss in the U.S because the U.S is paying more workers in China than their own. The amount of debt that the US owes to China is $1.15 trillion. -
2016, Leadership Deficit
The Bridgespan Group carried out an extensive study of the leadership requirements with revenues (nonprofit) greater than $250,000 (excluding hospitals and institutions of higher education)-- they found that by 2016 the organizations will need 80,000 New senior managers per year.
