Dye draws a figure showing the fiscal imbalance of the federal government shown below and found within this presentation (Dye, 2014). In 2010, the percentage of GDP made up of federal revenues was approximately 15%. This percentage has shown a dramatic spike up to 17% in the last 3 years. The graph shared by Dye shows that this level will start to flatten and slowly rise to 19% by 2035. This is something positive because it shows that the government is not planning to spend more than it has in the past as quickly as history he demonstrated. This reflects the fact that the government has a more balanced use of its spending as a percentage of GDP (Dye, 2014). The government could purchase a number of things at the local, state, or federal level. Purchases include paying government employees and purchasing goods for public works (Mankiw, 2012). As far as Dye's entire presentation goes, this data shows good predictions because it shows spending growth at a respectable level. This shows that the government may not be forced to borrow as much money because it is not planning as drastic and rapid spending as previously observed. Keeping government debt low while maintaining government purchases is healthy for the economy. SUMMARY OF JOHNSON'S PRESENTATION Johnson presented the quarterly investment commentary for Comerica. The first section of this presentation covered the global economic outlook. Johnson shows that the global economy has good forecasts for 2014 and 2015 showing economic growth for many different powers in the global economy using real GDP calculations with the table below used in Johnson's presentation. The United States recorded real GDP growth of 1.9% for the year 2013. Real GDP g...... middle of paper ......products are decreasing and inflation rates are increasing, the effects on society are somewhat counterbalanced. References Dye, R. (2014). The end of economic history (as we know it). The Comerica Economic Outlook. Retrieved from: http://www.mkintel.org/wp-content/uploads/2012/02/Dr-Robert-Dye-Senior-Vice-President-and-Chief-Economist-Comerica-Bank- State of the Economy and US Outlook 2014.pdfJohnson, D. (2014). Quarterly Investment Commentary. Comerica The road ahead. Retrieved from: http://www.comerica.com/wealth-management/Documents/Wealth%20Weekly%20Updates/2014/The_Road_Ahead.pdfMankiw, G. (2012) Principles of Macroeconomics. Mason, OH: CengageLearning Southwestern. ISBN-13: 9780538453066Sanabria, D. (2014). March consumer prices, retail sales. Economic weekly Comerica. Retrieved from: http://blog.comerica.com/2014/04/15/march-consumer-prices-retail-sales/