K-12 Tax & Spending Climate: The US Fiscal Outlook















Mary Meeker’s Address on the State of USA Inc.

1) America is losing its edge – some of this is inevitable as other countries improve their competitiveness, some of this is self inflicted.
2) Financial strength is vital to competitiveness – it’s core to a healthy economy, job creation, vibrant education / culture and military leadership.
3) Positive cash flow and a strong balance sheet are key to financial strength – bottom line, it’s bad to spend more than one brings in, as America is doing. In effect, as each day passes – with our rising losses and debt load – we rob just a little bit more from the future.
4) America does not need to lose its edge, it needs conviction and leadership to move its ‘business model’ in the right direction – we are all in this together, we need to understand and acknowledge our problems and agree to move forward with collective inspiration and sacrifice.
5) American tax dollars fund our government – we all need to understand where our taxes go and decide if we believe our hard-earned dollars are put to their highest-and-best use. The politicians we elect decide where our money goes.

View Meeker’s complete presentation, here (1.6MB PDF).