No matter where you get your news, it’s obvious that we’re in the throes of a leadership crisis -- or three or five. President Trump’s head-scratching “surrender summit” in Helsinki with Russian President Vladimir Putin sent shockwaves across the globe. Meanwhile, British Prime Minister Theresa May faced her biggest political setback as David Davis, the key Brexit negotiator, abruptly resigned because he could no longer, in good faith, go along with the exit strategy. And of course, Uber[...]
A strong middle class is critical to economic success. It’s what set America apart back in the day. It’s what led to a robust infrastructure, educational system, entrepreneurism, thriving industry and consumer spending. Rampant income inequality, on the other hand, sparked the Great Recession. Credit Suisse just released its annual global wealth report, and it seems to signal peril for the middle class. According to the latest Social Security Administration figures, more than half of all U.S. workers (51 percent) earn less than $30,000 a year. Young people today – those with the technological skills employers desperately need to remain competitive and innovative – are also feeling the sting of the global economic crisis. In fact, they’re four-times more likely to be unemployed. A third of them aren’t even participating in the job market, as indicated by research from the Solutions for Youth Employment Coalition.