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advances To compli cate the issue costly military proposals are being made for improve ments in our strategic forces modernization of the tactical air force other increased research and development efforts...updated and published on an ongoing basis This information it should be noted is the complement of the data on the total costs required for attainment of each of the objectives 3 The study of goals and priorities...recommendations are addressed primarily to it Currently the PPB System is generating a substantial amount of data and information on the benefits of programs relative to their costs and on the distribution of the...

defenses against future recessions more rapid economic growth and balance of payments equilibrium The data and analysis presented provide the necessary background for the understanding and appraisal of both...ECONOMIC REPORT CHART 3 YIELDS ON U S GOVERNMENT SEWRITIES I I T T I 6 4 1952 1954 1956 Source Based on data from Federal Reserve Bulletin 1958 1960 1962 CHART 4 RATES CHARGED BY BANKS ON SHORT TERM LOANS TO...I A 1 LL I I j PRIME It TE 0 I I I I I I 1 6 5 3 I I I I I I I I 0 1952 1954 1956 Source Based on data from Federal Reserve Bulletin 1958 1960 1962 1962 JOINT ECONOMIC REPORT 15 On the other hand interest...

from military to civilian production Chapter I AN ECONOMY OFF TRACK In examining a broad range of data on past and present performance the Committee finds strong evidence that the American economy has...older than Japan s p 93 As the quotation suggests 1979 is the last year for which we have comparable data on the relative age of the capital stock Yet gross invest ment trends suggest strongly that the capital...diminished work opportunities for our citizens Chapter I AN ECONOW OFF TRACK 7 8 1992 ANNUAL REPORT The data in both of these figures define investment very broadly A closer look at the details of investment...

used to compute the poverty rate relies on consumption Proeng the Well Being of dte Least Well Off PT data from the mid 1950s and is in need of an update to reflect todays needs more accurately These continuing...a Share of GNP 3C7 1 32 32X X Japan 30 28X 26 24 22 20 16 14 TISI 1975 1981 1984 1987 1990 Souire Data Resources Inc But gross investment includes replacement of old capital as well as net additions to...of Dollars 0 50 1 0 0 150 0 500 1 000 X 1 500 2000 1980 1983 1986 1989 1992 1995 1998 2000 Source Data Resources Inc We are now dependent upon foreign capital Without funds borrowed from abroad our domestic...

as a result of the 1981 82 recession The poverty rate declined to 13 5 percent in 1987 the latest data available as a result of the economic recovery The puzzle is that poverty is still so much higher...Interest Outlays 5 0X 4 0X 3 0 1954 1958 1962 1966 1970 1974 1978 1982 1986 Source Calculation based on data from OMB BUDGET PRIORITIES Figures in the Report further document this shift in the composi tion of...these developments the Reagan Administration im pounded funds for and deferred expansion of the Strategic Petrole um Reserve SPR and the new Administration s first budget post poned the Congress goal of...

Reform 117 National Debt 118 Clinton Administration Policies and Small Business 119 Analysis of the LRS Data 120 The Economic Growth Deficit 122 mI THE WEST AT THE CROSSROADS 125 The Road to Statism 127 Government...Defective CBO Family Income Data 162 CBO s Fabricated Family Boom Erases Income Gains 165 CBO s Newspeak Single Persons as Families of One 166 Summary of Problems in CBO Income Data 167 Income Mobility and...monthly Census of Population from which it computes the unemployment rate Data from the new proce dures are not comparable to data from the old If BLS had been using the new survey procedures during and...

distribution particularly on an after tax and after Government transfer basis Additional research and better data are needed on this subject During the past 2 years the rate of inflation has been far in excess of...those guideposts to important industries This office could be charged with assembling and analyzing data from all available sources on prices productivity output inputs wages and incomes In its activities...information concerning the composition of unemployment among various groups and areas and to seek data on those people who are not working and are not included in the unemployment statistics 35 36 A recent...

basis at the Federal level is being taken to insure that such integrated and com parable economic data are provided Without this there is a grave danger that resources will be wasted that there will be...of the Joint Economic Committee have expressed considerable interest in the development of improved data on the wealth of the United States both for some benchmark period and on a continuing yearly estimate...published in December 1964 The subcommittee plans to hold hearings this year on the improvement of wealth data primarily based on this study Principal witnesses will be those who prepared the materials and other...

In drawing up its present report the committee has had the benefit of an unusually large variety of data and analyses occasioned by the rather infrequent circumstance that analyses and programs of both an...Weekly Figures Latest data plotted March 12 End of Month Figures on 60 90 Day Treasury Bills Latest data plotted March preliminary t Monthly Averages of Daily Figures Latest data plotted March preliminary...Stock 12A Z A 10 He I 5 1 I 1957 1958 1959 1960 Includes Gold in Exchange Stabilization Fund Latest data plottedt Gold Stock March estimated Free Gold February Claims Liabilities January Source Prepared...

not adequate for the burden of public and private policy formu lation that it must carry Our price data must guide monetary fiscal and employment policies and they must measure the standard of living of...Executive Branch to apply those guide posts to particular important industries by assembling and analyzing data from both government and nongovernment sources on prices productivity output inputs wages and incomes...and transportation industries are vital to the public interest but are characterized by inadequate data rising costs and disorganization The Government should act as catalyst to indirectly prevent or minimize...