1
Liabilities $20 trillion SOURCE: IN 2016 DOLLARS. AMERICAN FARM BUREAU FEDERATION, CONGRESSIONAL BUDGET OFFICE, THE ECONOMIST, FEDERAL DEPOSIT INSURANCE CORPORATION, INVESTOPEDIA, PBS, US BUREAU OF LABOR AND STATISTICS, US CENSUS BUREAU, US DEPARTMENT OF COMMERCE, BUREAU OF ECONOMIC ANALYSIS, US TREASURY, AND GOOD WORLDWIDE, 12/31/16; US GENERAL SERVICES ADMINISTRATION, INSTITUTE FOR ENERGY RESEARCH, FEDERAL RESERVE AND BLOOMBERG, AS OF 1-31-17, ZILLOW, CONCEPT: JERRY HAWK The business of government 1920 $30,000 - - - - 25,000 - - - - 20,000 - - - - 15,000 - - - - 10,000 - - - - 5,000 - - - - 0 1930 1940 1950 1960 1970 1980 1990 2000 2010 GI GEN SILENT GENERATION BABY BOOMERS GEN X MILLENNIALS GEN Z $20 trillion gross debt $18.5 trillion U.S. GDP ROARING 20S DEPRESSION WW II POST WAR PROSPERITY TAX CUTS AND MILITARY SPENDING FINANCIAL CRISIS Assets $200+ trillion trillions $ 2020 Lest we forget. The U.S. government is a business that mines its value from its citizens and their productivity. Often called the Backbone of the Nation, the real estate eco system is the country’s largest contributor to GDP adding at least 13 percent to its total (2017). Jobs are being created by the millions. Wage growth is on the rise. The nation is an energy exporter for the first time in generations. And construction is expected to grow 11 percent by 2026. All signs of a prosperous, healthy, self-sufficient economy. $14.4 trillion net debt held by Americans (such as social security) $33.3 trillion Real (private) assets: Aggregate value of all homes, including apartments, in the U.S. $ 22 trillion 2066 tax revenue (17% of $131 trillion GDP) $ 3.6 trillion 2020 tax revenue 640 million acres of land representing 28% of the country and 47% of the west coast $ 6-10 trillion military assets $ 320 billion bullion gold reserves $ 2.0 trillion stocks, bonds and other financial assets (ex. gold) $ 3.3 trillion governemnt buildings and other property $ 22.5 trillion coal $ 8.6 trillion of natural gas $ 119.4 trillion oil Land, buildings and commodities Financial assets Present value of future taxes MULTI HOUSING mhpmag.com
