1. Future of the US Economy

2. Positives and negatives
Major trends in the US economy
Inequality in the USA
US colleges
Ascription vs. Achievement
TTIP
End 

3. Resilience, flexibility and entrepreneurship
Positives of the US economy
Resilience, flexibility and entrepreneurship
Good business-friendly environment
Energy and other resources
Strong innovation potential
Attractive for top-class labor force
Globalized economy

4. Jobs lost to outsourcing and not replaced
Economic issues in the US
Unemployment
Jobs lost to outsourcing and not replaced
Downfall of traditional industries (cars,…)
Government deficits
Negative balance of trade
Rising power of lobby groups

5. Energy self-sufficient by 2030 US to become world’s No. 2 in 2017
Major trends
Oil producer No. 1 by 2020
Energy self-sufficient by 2030
US to become world’s No. 2 in 2017
More part-time workers
Delays in retirement age
Development of high-tech
Changes in US demographics
Growing gap in incomes

6. Inequality in the USA

7. US Colleges

8. Ascription vs. achievement

9. TTIP
30% of Global Trade
50% of Global GDP
Balancing China
2 years of preparations
Expected conclusion 2014/2015
EU €120 mld. (0.5% GDP)
USA €95 mld. (0.4% GDP)
Increase in income 545 EUR/year/family

10. TTIP
Tariffs:
5,2% of EU imports
3,5% of US imports
Exceptions: textile, apparel, shoe wear –
40%, 32%, 56%
Regulation:
Automotive – same products, differing standards
Pharma – double production checks
Chemical – considerable differences in legislation

11. TTIP
EU export increases:
Vehicles: +41%
Metals: +12%
Chemicals: +9%
Food: +9%

12. Thank you for your attention 