REPORTCARD2000.COM
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Where are we now?
REPORTCARD2000.COM's objective is to
evaluate the CBO budget projection issued in January 2001, to evaluate the
economic activity in the late 1990s and early 2000s and to evaluate comments by
public figures associated with the economy in 2000. Therefore, a complete analysis
concerning the status of the economy in 2005 and beyond will not be
provided. The current economic data
can be obtained from the most recent CBO Budget and Economic Outlook. However, to provide a brief synopsis of
the current economic activity compared to the year 2000, there are a series of
figures provided below showing the current GDP, outlays and revenue
classifications on a per Capita basis adjusted to 2000 dollars. The figures are through 2005. When 2006 data is available, the charts
will be updated.
The GDP and GDP data are from Economic
History Services and the CBO data is from a recent Appendix E.
Figure A is the GDP per Capita
adjusted to 2000 dollars. The
linear average is inserted to evaluate the variance from the linear average
from 1962 to 2005.
Figure A
Figure B is the outlays per capita
adjusted to 2000 dollars from 1962 through 2005. Also included is the linear average for
the same time period.
Figure B
Figure C is the outlays per capita adjusted
to 2000 dollars for mandatory and discretionary outlays. Also included is the linear average for
the data period. Note how mandatory
spending exceeds discretionary spending.
Figure C
Figure D is the outlays for the
major discretionary components, defense and domestic. The linear averages are also included.
Figure D
Figure E is the revenue per capita
adjusted to 2000 dollars. The
linear average is also included.
Note the linear average includes the unprecedented high revenues per
capita that occurred during the dot-com boom.
Figure E
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