SlideShare una empresa de Scribd logo
1 de 12
Descargar para leer sin conexión
Challenges facing anew
administration
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.
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
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.
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
5© Grant Thornton LLP. All rights reserved.
Labor participation rate
60.0
59.0
58.0
61.0
66.0
67.0
68.0
1976 1981 1986 1991 1996 2001 2006 2011 2016
65.0
64.0
63.0
62.0
40-year low
Labor participation
rate is the lowest it
has been in nearly
four decades.
Source: US. Bureau of Labor Statistics
6© Grant Thornton LLP. All rights reserved.
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.
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.
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
Addressing the economy would
be a logical first step for the
next president.
© 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
© Grant Thornton LLP. All rights reserved. 11
We want to hear from you.
Tell us what you think of this content.
Take this short survey.

Más contenido relacionado

La actualidad más candente

China is a socialist country
China is a socialist countryChina is a socialist country
China is a socialist country
dorson9
 
Townsend 2015 Intro Tax NL
Townsend 2015 Intro Tax NLTownsend 2015 Intro Tax NL
Townsend 2015 Intro Tax NL
Dan Opsommer
 
Sustainable Investment Spotlight_ESG Trumponomics
Sustainable Investment Spotlight_ESG TrumponomicsSustainable Investment Spotlight_ESG Trumponomics
Sustainable Investment Spotlight_ESG Trumponomics
Guillaume KREPPER
 
Political Function[1][1]
Political Function[1][1]Political Function[1][1]
Political Function[1][1]
elie010
 

La actualidad más candente (20)

The 10 Truths of #Entitlements13
The 10 Truths of #Entitlements13The 10 Truths of #Entitlements13
The 10 Truths of #Entitlements13
 
Debt trajectory data hf
Debt trajectory data hfDebt trajectory data hf
Debt trajectory data hf
 
C-Suite 44th Quarterly Survey 2016
C-Suite 44th Quarterly Survey 2016C-Suite 44th Quarterly Survey 2016
C-Suite 44th Quarterly Survey 2016
 
Federal budget slide show civic club version
Federal budget slide show civic club versionFederal budget slide show civic club version
Federal budget slide show civic club version
 
Economic Intervention: Deprogramming Conservatives
Economic Intervention: Deprogramming ConservativesEconomic Intervention: Deprogramming Conservatives
Economic Intervention: Deprogramming Conservatives
 
Incentives for Foreign Actors to Influence Public Opinion: Lessons from Russi...
Incentives for Foreign Actors to Influence Public Opinion: Lessons from Russi...Incentives for Foreign Actors to Influence Public Opinion: Lessons from Russi...
Incentives for Foreign Actors to Influence Public Opinion: Lessons from Russi...
 
Top 8 International Relations Trends 2020
Top 8 International Relations Trends 2020Top 8 International Relations Trends 2020
Top 8 International Relations Trends 2020
 
Report: Understanding Policy Influencers’ Priorities in a Post-COVID World
Report: Understanding Policy Influencers’ Priorities in a Post-COVID WorldReport: Understanding Policy Influencers’ Priorities in a Post-COVID World
Report: Understanding Policy Influencers’ Priorities in a Post-COVID World
 
Navigating COVID-19 - May 26
Navigating COVID-19 - May 26Navigating COVID-19 - May 26
Navigating COVID-19 - May 26
 
China is a socialist country
China is a socialist countryChina is a socialist country
China is a socialist country
 
Healthcare Reform: Next Steps
Healthcare Reform: Next StepsHealthcare Reform: Next Steps
Healthcare Reform: Next Steps
 
Trump, Clinton and how the vote will affect your business
Trump, Clinton and how the vote will affect your businessTrump, Clinton and how the vote will affect your business
Trump, Clinton and how the vote will affect your business
 
GPG Survey of Trump Voters, December 2016
GPG Survey of Trump Voters, December 2016GPG Survey of Trump Voters, December 2016
GPG Survey of Trump Voters, December 2016
 
Townsend 2015 Intro Tax NL
Townsend 2015 Intro Tax NLTownsend 2015 Intro Tax NL
Townsend 2015 Intro Tax NL
 
NC Budget and Tax Center - Economic Inequality in Durham, NC
NC Budget and Tax Center - Economic Inequality in Durham, NC NC Budget and Tax Center - Economic Inequality in Durham, NC
NC Budget and Tax Center - Economic Inequality in Durham, NC
 
Income and Wealth Inequality in the United States
Income and Wealth Inequality in the United StatesIncome and Wealth Inequality in the United States
Income and Wealth Inequality in the United States
 
Sustainable Investment Spotlight_ESG Trumponomics
Sustainable Investment Spotlight_ESG TrumponomicsSustainable Investment Spotlight_ESG Trumponomics
Sustainable Investment Spotlight_ESG Trumponomics
 
Political Function[1][1]
Political Function[1][1]Political Function[1][1]
Political Function[1][1]
 
10 Economic Consequences of Trump
10 Economic Consequences of Trump10 Economic Consequences of Trump
10 Economic Consequences of Trump
 
The Public Opinion Landscape: From Obama to Trump
The Public Opinion Landscape: From Obama to TrumpThe Public Opinion Landscape: From Obama to Trump
The Public Opinion Landscape: From Obama to Trump
 

Destacado

Destacado (20)

Food and beverage manufacturing trends
Food and beverage manufacturing trendsFood and beverage manufacturing trends
Food and beverage manufacturing trends
 
Impact of voter turnout in U.S. elections
Impact of voter turnout in U.S. electionsImpact of voter turnout in U.S. elections
Impact of voter turnout in U.S. elections
 
Quick look at the business equivalency rate
Quick look at the business equivalency rateQuick look at the business equivalency rate
Quick look at the business equivalency rate
 
The Future of Industry: Sector Convergence & 2017 Outlook
The Future of Industry: Sector Convergence & 2017 OutlookThe Future of Industry: Sector Convergence & 2017 Outlook
The Future of Industry: Sector Convergence & 2017 Outlook
 
ForwardThinking Q1 2017
ForwardThinking Q1 2017ForwardThinking Q1 2017
ForwardThinking Q1 2017
 
Financial executive compensation survey 2015
Financial executive compensation survey 2015Financial executive compensation survey 2015
Financial executive compensation survey 2015
 
Data Security: A field guide for franchisors
Data Security: A field guide for franchisorsData Security: A field guide for franchisors
Data Security: A field guide for franchisors
 
Is the cloud right for your business?
Is the cloud right for your business? Is the cloud right for your business?
Is the cloud right for your business?
 
Lessons in collaborating for public health
Lessons in collaborating for public healthLessons in collaborating for public health
Lessons in collaborating for public health
 
Evaluating an M&A strategy to expand impact and enhance outcomes
Evaluating an M&A strategy to expand impact and enhance outcomesEvaluating an M&A strategy to expand impact and enhance outcomes
Evaluating an M&A strategy to expand impact and enhance outcomes
 
FASB changes to the nonprofit financial reporting model
FASB changes to the nonprofit financial reporting modelFASB changes to the nonprofit financial reporting model
FASB changes to the nonprofit financial reporting model
 
For digital media companies, effective cybersecurity programs a must
For digital media companies, effective cybersecurity programs a mustFor digital media companies, effective cybersecurity programs a must
For digital media companies, effective cybersecurity programs a must
 
Strategic ways to pursue unrelated business income
Strategic ways to pursue unrelated business incomeStrategic ways to pursue unrelated business income
Strategic ways to pursue unrelated business income
 
Corporate counsel & the burden of the regulatory environment
Corporate counsel & the burden of the regulatory environment Corporate counsel & the burden of the regulatory environment
Corporate counsel & the burden of the regulatory environment
 
Compliance implications of crossing the $10 billion asset threshold
Compliance implications of crossing the $10 billion asset thresholdCompliance implications of crossing the $10 billion asset threshold
Compliance implications of crossing the $10 billion asset threshold
 
Benchmarking data: Innovation and growth in U.S. manufacturing
Benchmarking data: Innovation and growth in U.S. manufacturingBenchmarking data: Innovation and growth in U.S. manufacturing
Benchmarking data: Innovation and growth in U.S. manufacturing
 
12 ways to enhance financial performance
12 ways to enhance financial performance12 ways to enhance financial performance
12 ways to enhance financial performance
 
Asset Manager’s Guide to SOC 1
Asset Manager’s Guide to SOC 1Asset Manager’s Guide to SOC 1
Asset Manager’s Guide to SOC 1
 
2016 SEC & FINRA exam priorities for asset managers
2016 SEC & FINRA exam priorities for asset managers2016 SEC & FINRA exam priorities for asset managers
2016 SEC & FINRA exam priorities for asset managers
 
CAEs speak out: Cybersecurity seen as key threat to growth
CAEs speak out: Cybersecurity seen as key threat to growthCAEs speak out: Cybersecurity seen as key threat to growth
CAEs speak out: Cybersecurity seen as key threat to growth
 

Similar a Challenges facing a new administration

Nov 2012 tracking charts in new template
Nov 2012 tracking charts in new templateNov 2012 tracking charts in new template
Nov 2012 tracking charts in new template
KFF
 
Product camp of going global
Product camp of going globalProduct camp of going global
Product camp of going global
Trevor Fox
 
TrumponomicsAndTheElection_TheArtOfTheSurreal_04Nov2016
TrumponomicsAndTheElection_TheArtOfTheSurreal_04Nov2016TrumponomicsAndTheElection_TheArtOfTheSurreal_04Nov2016
TrumponomicsAndTheElection_TheArtOfTheSurreal_04Nov2016
Peter Stevens
 
MONY_20161101_78_1286637_ARTICLE
MONY_20161101_78_1286637_ARTICLEMONY_20161101_78_1286637_ARTICLE
MONY_20161101_78_1286637_ARTICLE
Ian Salisbury
 

Similar a Challenges facing a new administration (20)

Who is to Blame
Who is to BlameWho is to Blame
Who is to Blame
 
2014 mmo-report
2014 mmo-report2014 mmo-report
2014 mmo-report
 
CIT: Voice of the Middle Market
CIT: Voice of the Middle MarketCIT: Voice of the Middle Market
CIT: Voice of the Middle Market
 
Survey | 2019 U.S. Tax Survey
Survey | 2019 U.S. Tax SurveySurvey | 2019 U.S. Tax Survey
Survey | 2019 U.S. Tax Survey
 
G2 Analytics SOTU Key Findings
G2 Analytics SOTU Key FindingsG2 Analytics SOTU Key Findings
G2 Analytics SOTU Key Findings
 
Current Perspectives - US Election
Current Perspectives - US ElectionCurrent Perspectives - US Election
Current Perspectives - US Election
 
Election 2016 trump
Election 2016 trumpElection 2016 trump
Election 2016 trump
 
The Trump Era, Implications for Investors
The Trump Era, Implications for InvestorsThe Trump Era, Implications for Investors
The Trump Era, Implications for Investors
 
Nov 2012 tracking charts in new template
Nov 2012 tracking charts in new templateNov 2012 tracking charts in new template
Nov 2012 tracking charts in new template
 
Deficits and Economic Recovery (Full)
Deficits and Economic Recovery (Full)Deficits and Economic Recovery (Full)
Deficits and Economic Recovery (Full)
 
The Great Rightward Shift: How Conservatism Shifted the Money to the 1%
The Great Rightward Shift: How Conservatism Shifted the Money to the 1%The Great Rightward Shift: How Conservatism Shifted the Money to the 1%
The Great Rightward Shift: How Conservatism Shifted the Money to the 1%
 
Opportunities, Trials and Tribulations of Going Global
	Opportunities, Trials and Tribulations of Going Global	Opportunities, Trials and Tribulations of Going Global
Opportunities, Trials and Tribulations of Going Global
 
Product camp of going global
Product camp of going globalProduct camp of going global
Product camp of going global
 
TrumponomicsAndTheElection_TheArtOfTheSurreal_04Nov2016
TrumponomicsAndTheElection_TheArtOfTheSurreal_04Nov2016TrumponomicsAndTheElection_TheArtOfTheSurreal_04Nov2016
TrumponomicsAndTheElection_TheArtOfTheSurreal_04Nov2016
 
Bad Governance
Bad Governance Bad Governance
Bad Governance
 
MBO's Independent Workfroce 2015 Study
MBO's Independent Workfroce 2015 StudyMBO's Independent Workfroce 2015 Study
MBO's Independent Workfroce 2015 Study
 
Americans and CEO Pay: 2016 Public Perception Survey on CEO Compensation
Americans and CEO Pay: 2016 Public Perception Survey on CEO CompensationAmericans and CEO Pay: 2016 Public Perception Survey on CEO Compensation
Americans and CEO Pay: 2016 Public Perception Survey on CEO Compensation
 
PEST Analysis of USA
PEST Analysis of USAPEST Analysis of USA
PEST Analysis of USA
 
MONY_20161101_78_1286637_ARTICLE
MONY_20161101_78_1286637_ARTICLEMONY_20161101_78_1286637_ARTICLE
MONY_20161101_78_1286637_ARTICLE
 
this week questions are hard can someone help please 1. .pdf
this week questions are hard can someone help please 1. .pdfthis week questions are hard can someone help please 1. .pdf
this week questions are hard can someone help please 1. .pdf
 

Más de Grant Thornton LLP

Más de Grant Thornton LLP (20)

GT Events and Programs Guide February/March 2019
GT Events and Programs Guide February/March 2019GT Events and Programs Guide February/March 2019
GT Events and Programs Guide February/March 2019
 
GT Events and Programs Guide December/January 2019
GT Events and Programs Guide December/January 2019GT Events and Programs Guide December/January 2019
GT Events and Programs Guide December/January 2019
 
GT Events and Programs Guide
GT Events and Programs GuideGT Events and Programs Guide
GT Events and Programs Guide
 
GT Events & Program Guide: ForwardThinking October/November 2017
GT Events & Program Guide: ForwardThinking October/November 2017GT Events & Program Guide: ForwardThinking October/November 2017
GT Events & Program Guide: ForwardThinking October/November 2017
 
Real Estate Industry Success: Build, Transform and Protect Value into 2020
Real Estate Industry Success: Build, Transform and Protect Value into 2020Real Estate Industry Success: Build, Transform and Protect Value into 2020
Real Estate Industry Success: Build, Transform and Protect Value into 2020
 
Asset Management Industry Success: Build, Transform and Protect Value into 2020
Asset Management Industry Success: Build, Transform and Protect Value into 2020Asset Management Industry Success: Build, Transform and Protect Value into 2020
Asset Management Industry Success: Build, Transform and Protect Value into 2020
 
Technology Industry Success: Build, Transform and Protect Value into 2020
Technology Industry Success: Build, Transform and Protect Value into 2020Technology Industry Success: Build, Transform and Protect Value into 2020
Technology Industry Success: Build, Transform and Protect Value into 2020
 
Banking Industry Success: Build, Transform and Protect Value into 2020
Banking Industry Success: Build, Transform and Protect Value into 2020Banking Industry Success: Build, Transform and Protect Value into 2020
Banking Industry Success: Build, Transform and Protect Value into 2020
 
GT Events & Program Guide: ForwardThinking August/September 2017
GT Events & Program Guide: ForwardThinking August/September 2017GT Events & Program Guide: ForwardThinking August/September 2017
GT Events & Program Guide: ForwardThinking August/September 2017
 
Why prepare now? 5 things that smart businesses are doing TODAY to prepare fo...
Why prepare now? 5 things that smart businesses are doing TODAY to prepare fo...Why prepare now? 5 things that smart businesses are doing TODAY to prepare fo...
Why prepare now? 5 things that smart businesses are doing TODAY to prepare fo...
 
ForwardThinking June/July 2017 Grant Thornton
ForwardThinking June/July 2017 Grant ThorntonForwardThinking June/July 2017 Grant Thornton
ForwardThinking June/July 2017 Grant Thornton
 
10 social media tips for nonprofits to further engagement
10  social media tips for nonprofits to further engagement10  social media tips for nonprofits to further engagement
10 social media tips for nonprofits to further engagement
 
The Future of Growth and Industries Webcast Series: Trends to watch for 2020
The Future of Growth and Industries Webcast Series:  Trends to watch for 2020The Future of Growth and Industries Webcast Series:  Trends to watch for 2020
The Future of Growth and Industries Webcast Series: Trends to watch for 2020
 
ForwardThinking April/May 2017 Grant Thornton
ForwardThinking April/May 2017 Grant ThorntonForwardThinking April/May 2017 Grant Thornton
ForwardThinking April/May 2017 Grant Thornton
 
DOL fiduciary rule: How it affects the insurance industry
DOL fiduciary rule: How it affects the insurance industry DOL fiduciary rule: How it affects the insurance industry
DOL fiduciary rule: How it affects the insurance industry
 
Tightening pressure transforms the landscape: The state of asset management
Tightening pressure transforms the landscape: The state of asset managementTightening pressure transforms the landscape: The state of asset management
Tightening pressure transforms the landscape: The state of asset management
 
Balancing risk with opportunity
Balancing risk with opportunityBalancing risk with opportunity
Balancing risk with opportunity
 
Not-For-Profit Audit Committee Briefing
Not-For-Profit Audit Committee Briefing Not-For-Profit Audit Committee Briefing
Not-For-Profit Audit Committee Briefing
 
3 hard facts shaping higher education thinking and behavior
3 hard facts shaping higher education thinking and behavior3 hard facts shaping higher education thinking and behavior
3 hard facts shaping higher education thinking and behavior
 
The Future of Internal Audit through data analytics
The Future of Internal Audit through data analyticsThe Future of Internal Audit through data analytics
The Future of Internal Audit through data analytics
 

Último

Powerful Love Spells in Phoenix, AZ (310) 882-6330 Bring Back Lost Lover
Powerful Love Spells in Phoenix, AZ (310) 882-6330 Bring Back Lost LoverPowerful Love Spells in Phoenix, AZ (310) 882-6330 Bring Back Lost Lover
Powerful Love Spells in Phoenix, AZ (310) 882-6330 Bring Back Lost Lover
PsychicRuben LoveSpells
 

Último (20)

Busty Desi⚡Call Girls in Vasundhara Ghaziabad >༒8448380779 Escort Service
Busty Desi⚡Call Girls in Vasundhara Ghaziabad >༒8448380779 Escort ServiceBusty Desi⚡Call Girls in Vasundhara Ghaziabad >༒8448380779 Escort Service
Busty Desi⚡Call Girls in Vasundhara Ghaziabad >༒8448380779 Escort Service
 
Nara Chandrababu Naidu's Visionary Policies For Andhra Pradesh's Development
Nara Chandrababu Naidu's Visionary Policies For Andhra Pradesh's DevelopmentNara Chandrababu Naidu's Visionary Policies For Andhra Pradesh's Development
Nara Chandrababu Naidu's Visionary Policies For Andhra Pradesh's Development
 
Gujarat-SEBCs.pdf pfpkoopapriorjfperjreie
Gujarat-SEBCs.pdf pfpkoopapriorjfperjreieGujarat-SEBCs.pdf pfpkoopapriorjfperjreie
Gujarat-SEBCs.pdf pfpkoopapriorjfperjreie
 
WhatsApp 📞 8448380779 ✅Call Girls In Chaura Sector 22 ( Noida)
WhatsApp 📞 8448380779 ✅Call Girls In Chaura Sector 22 ( Noida)WhatsApp 📞 8448380779 ✅Call Girls In Chaura Sector 22 ( Noida)
WhatsApp 📞 8448380779 ✅Call Girls In Chaura Sector 22 ( Noida)
 
Enjoy Night ≽ 8448380779 ≼ Call Girls In Palam Vihar (Gurgaon)
Enjoy Night ≽ 8448380779 ≼ Call Girls In Palam Vihar (Gurgaon)Enjoy Night ≽ 8448380779 ≼ Call Girls In Palam Vihar (Gurgaon)
Enjoy Night ≽ 8448380779 ≼ Call Girls In Palam Vihar (Gurgaon)
 
America Is the Target; Israel Is the Front Line _ Andy Blumenthal _ The Blogs...
America Is the Target; Israel Is the Front Line _ Andy Blumenthal _ The Blogs...America Is the Target; Israel Is the Front Line _ Andy Blumenthal _ The Blogs...
America Is the Target; Israel Is the Front Line _ Andy Blumenthal _ The Blogs...
 
Embed-2 (1).pdfb[k[k[[k[kkkpkdpokkdpkopko
Embed-2 (1).pdfb[k[k[[k[kkkpkdpokkdpkopkoEmbed-2 (1).pdfb[k[k[[k[kkkpkdpokkdpkopko
Embed-2 (1).pdfb[k[k[[k[kkkpkdpokkdpkopko
 
Enjoy Night ≽ 8448380779 ≼ Call Girls In Gurgaon Sector 47 (Gurgaon)
Enjoy Night ≽ 8448380779 ≼ Call Girls In Gurgaon Sector 47 (Gurgaon)Enjoy Night ≽ 8448380779 ≼ Call Girls In Gurgaon Sector 47 (Gurgaon)
Enjoy Night ≽ 8448380779 ≼ Call Girls In Gurgaon Sector 47 (Gurgaon)
 
Transformative Leadership: N Chandrababu Naidu and TDP's Vision for Innovatio...
Transformative Leadership: N Chandrababu Naidu and TDP's Vision for Innovatio...Transformative Leadership: N Chandrababu Naidu and TDP's Vision for Innovatio...
Transformative Leadership: N Chandrababu Naidu and TDP's Vision for Innovatio...
 
Embed-4.pdf lkdiinlajeklhndklheduhuekjdh
Embed-4.pdf lkdiinlajeklhndklheduhuekjdhEmbed-4.pdf lkdiinlajeklhndklheduhuekjdh
Embed-4.pdf lkdiinlajeklhndklheduhuekjdh
 
422524114-Patriarchy-Kamla-Bhasin gg.pdf
422524114-Patriarchy-Kamla-Bhasin gg.pdf422524114-Patriarchy-Kamla-Bhasin gg.pdf
422524114-Patriarchy-Kamla-Bhasin gg.pdf
 
Enjoy Night ≽ 8448380779 ≼ Call Girls In Gurgaon Sector 46 (Gurgaon)
Enjoy Night ≽ 8448380779 ≼ Call Girls In Gurgaon Sector 46 (Gurgaon)Enjoy Night ≽ 8448380779 ≼ Call Girls In Gurgaon Sector 46 (Gurgaon)
Enjoy Night ≽ 8448380779 ≼ Call Girls In Gurgaon Sector 46 (Gurgaon)
 
Enjoy Night ≽ 8448380779 ≼ Call Girls In Gurgaon Sector 48 (Gurgaon)
Enjoy Night ≽ 8448380779 ≼ Call Girls In Gurgaon Sector 48 (Gurgaon)Enjoy Night ≽ 8448380779 ≼ Call Girls In Gurgaon Sector 48 (Gurgaon)
Enjoy Night ≽ 8448380779 ≼ Call Girls In Gurgaon Sector 48 (Gurgaon)
 
Powerful Love Spells in Phoenix, AZ (310) 882-6330 Bring Back Lost Lover
Powerful Love Spells in Phoenix, AZ (310) 882-6330 Bring Back Lost LoverPowerful Love Spells in Phoenix, AZ (310) 882-6330 Bring Back Lost Lover
Powerful Love Spells in Phoenix, AZ (310) 882-6330 Bring Back Lost Lover
 
Politician uddhav thackeray biography- Full Details
Politician uddhav thackeray biography- Full DetailsPolitician uddhav thackeray biography- Full Details
Politician uddhav thackeray biography- Full Details
 
*Navigating Electoral Terrain: TDP's Performance under N Chandrababu Naidu's ...
*Navigating Electoral Terrain: TDP's Performance under N Chandrababu Naidu's ...*Navigating Electoral Terrain: TDP's Performance under N Chandrababu Naidu's ...
*Navigating Electoral Terrain: TDP's Performance under N Chandrababu Naidu's ...
 
China's soft power in 21st century .pptx
China's soft power in 21st century   .pptxChina's soft power in 21st century   .pptx
China's soft power in 21st century .pptx
 
KING VISHNU BHAGWANON KA BHAGWAN PARAMATMONKA PARATOMIC PARAMANU KASARVAMANVA...
KING VISHNU BHAGWANON KA BHAGWAN PARAMATMONKA PARATOMIC PARAMANU KASARVAMANVA...KING VISHNU BHAGWANON KA BHAGWAN PARAMATMONKA PARATOMIC PARAMANU KASARVAMANVA...
KING VISHNU BHAGWANON KA BHAGWAN PARAMATMONKA PARATOMIC PARAMANU KASARVAMANVA...
 
04052024_First India Newspaper Jaipur.pdf
04052024_First India Newspaper Jaipur.pdf04052024_First India Newspaper Jaipur.pdf
04052024_First India Newspaper Jaipur.pdf
 
Group_5_US-China Trade War to understand the trade
Group_5_US-China Trade War to understand the tradeGroup_5_US-China Trade War to understand the trade
Group_5_US-China Trade War to understand the trade
 

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 5© Grant Thornton LLP. All rights reserved.
  • 6. Labor participation rate 60.0 59.0 58.0 61.0 66.0 67.0 68.0 1976 1981 1986 1991 1996 2001 2006 2011 2016 65.0 64.0 63.0 62.0 40-year low Labor participation rate is the lowest it has been in nearly four decades. Source: US. Bureau of Labor Statistics 6© Grant Thornton LLP. All rights reserved.
  • 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
  • 10. Addressing the economy would be a logical first step for the next president.
  • 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
  • 12. © Grant Thornton LLP. All rights reserved. 11 We want to hear from you. Tell us what you think of this content. Take this short survey.