Outcomes following substantial increase in public investment, 2012–2021: Change in output and offset to federal deficit from public investments called for by Our Fiscal Security
| Assumed rate of return: 15% | Assumed rate of return: 30% | Assumed rate of return: 45% | ||||||
|---|---|---|---|---|---|---|---|---|
| Proposed public Investment | Resulting public capital stock | Increase in GDP | Deficit offset | Increase in GDP | Deficit offset | Increase in GDP | Deficit offset | |
| $ Billions | Share of GDP | Share of GDP | Share of GDP | |||||
| 2012 | $250 | $250 | 0.25% | 0.75% | 0.49% | 0.80% | 0.74% | 0.89% |
| 2013 | 200 | 438 | 0.41% | 0.70% | 0.82% | 0.78% | 1.24% | 0.94% |
| 2014 | 212 | 616 | 0.55% | 0.79% | 1.11% | 0.89% | 1.66% | 1.10% |
| 2015 | 225 | 782 | 0.67% | 0.87% | 1.34% | 0.99% | 2.02% | 1.24% |
| 2016 | 236 | 928 | 0.76% | 0.95% | 1.52% | 1.06% | 2.29% | 1.35% |
| 2017 | 248 | 1,067 | 0.84% | 0.21% | 1.67% | 0.42% | 2.51% | 0.63% |
| 2018 | 259 | 1,177 | 0.88% | 0.25% | 1.76% | 0.50% | 2.64% | 0.75% |
| 2019 | 270 | 1,271 | 0.91% | 0.30% | 1.82% | 0.59% | 2.73% | 0.88% |
| 2020 | 282 | 1,355 | 0.93% | 0.34% | 1.85% | 0.68% | 2.78% | 1.01% |
| 2021 | 294 | 1,431 | 0.93% | 0.38% | 1.87% | 0.76% | 2.80% | 1.13% |
Source: Author's analysis of Bureau of Economic Analysis Fixed-Assets Accounts (Table 7.1B and 7.6B) and Investing in America's Economy (Our Fiscal Security 2010)