Mohacsy's Safe Portfolio Member Forum

[santafe2]

Court, I think the problem is more deep than you describe. I'm not talking about a person who can complete 4+ years of college and specialize in a field of work or has the ability to start and run a sucessful business - I'm talking about the large group of people that depend on the refinement, movement or retailing of some product to make a living. By all accounts, the trickle down effect has a massive offshore pipe and is not working well for this large group of people. We can characterize this issue as protectionism but the characterization sheds no light on an appropriate answer. After all, these are people, not accounting entries. My fear is that if it gets large enough, the middle class will begin to lose ground. In fact, I think they already have lost a great deal of ground if we discount what part of current prosperity is borrowed.