The Middleclass and Employment

The key issue to be solved before we can see a new bull market in stocks (ie. take out the 2000 and 2007 highs) is to get employment and direction of the middle class resolved.  There is no question that there are people who see some of the answers.  For us Americans however, we have to elect people who listen to these people and ignore the lobbyists who push a partisan agenda.

For me a couple of good reads on this at the moment are:

http://www.theatlantic.com/magazine/archive/2011/09/can-the-middle-class-be-saved/8600/

http://www.nytimes.com/2011/08/30/opinion/manufacturing-a-recovery.html

The markets continue to follow an end of the month cleanup.

Leave a Reply

Your email address will not be published. Required fields are marked *

3 × four =