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Challenges facing a new administration
- 2. How will the new president unite the
country?
2© Grant Thornton LLP. All rights reserved.
Address the root cause of manyAmericans’
frustration — the economy.
People believe they’re working harder but can’t get ahead.
• They see the wealthy as more than recovered from the
recession.
• They aren’t optimistic about their children’s opportunities or the
new president’s ability to change things.
- 3. An election for the ages
Two of the most unpopular candidates in history
Favorable: 43.1%
Unfavorable: 53.0%
Favorable: 35.4%
Unfavorable: 61.7%
RealClearPolitics Average 9/28–10/20
Hillary
Clinton
3© Grant Thornton LLP. All rights reserved.
Donald
Trump
See where Clinton & Trump
stand on tax
- 4. Direction of the country
Source: RealClearPolitics average 9/15 – 10/8
Right Direction – 30.2%
Wrong Track – 63.4%
2/
We asked…What do you
want from Congress?
Check out our leaders'
responses.
4© Grant Thornton LLP. All rights reserved.
- 5. GDP growth since 2007
-8
-10
-6
-4
0
-2
2
4
6
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Average growth
1976-2006
From 2007 to 2015,
GDP average grewat
less than half that ofthe
previous 30 years.
Source: US. Bureau of Labor Statistics
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- 7. Unemployment
Source: US. Bureau of Labor Statistics
At height of
recession
10%
1-year
average
4.9%
9.7% with shadow
unemployment:
The underemployed
and those who have
given up looking.
7© Grant Thornton LLP. All rights reserved.
- 8. Real median income
Source: US. Bureau of Labor Statistics
$44,000
$46,000
$48,000
$50,000
$52,000
$54,000
$56,000
$58,000
$60,000
1984 1989 1994 1999 2004 2009 2014
Peak
$57,909
2015
$56,516
Wages have been
stagnant for nearly
two decades.
8© Grant Thornton LLP. All rights reserved.
- 9. Net worth has plummeted…for some
Median net worth change 1998–2013
All families -20.8%
Lower class -26.5%
Working class -52.7%
Middle class -19.1%
Top 10% 74.9%
46% of Americans
can't come up with
$400 to cover an
emergency expense.
9© Grant Thornton LLP. All rights reserved.
Source: Federal Reserve Survey of Consumer Finances
- 11. © Grant Thornton LLP. All rights reserved. 11
Think tanks score Trump and Clinton tax plans for
dynamic effect
Stay politically connected — in spite of populism
Industry: All we want from Congress
The Political Pulse informs you about the race to the presidency.
Find continuous political analysis, news and commentary on the PoliticalPulse.
Post-election economic analysis webcast
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