The problem well run into sooner or later is that all economic gains are going to the tippy top, which means alot of it is not spent in the real economy, rather propping up stock markets. The recent kerfluffle (yes! I just used kerfluffle) has been that earnings have not been stellar. Top line growth has lagged, and their measures of Creating bottom line growth, sacking labor and streamlining have been providing diminishing returns. When90% of the country hasnt gotten a raise in 30years while costs have goneup it creates an UGLY demand picture.
I certainly dont see a crash coming, but we could definately stall out hard over the next few years as we are confronted with this economic reality. Machines and computers continue to flush out the middle guy, and the political machine that backs moneyed interests is consistently failing to grasp this reality. People need money to buy things businesses are selling, plain and simple. And the vast majority of full time, non lazy people have been getting screwed for decades. And we continue to miss than their are literally 3 people for every job opening out there....thats math that doesnt add up.
MYEC