The U.S. economy is strong and growing.  The job growth numbers have been good over the past several months and unemployment remains at the lowest rate in five decades for all Americans, including African-Americans and Hispanics.  Wages for non-supervisory workers are increasing and inflation rates continues to hover below two percent. The financial markets are at all-time high record levels.  Additionally, the likelihood for an U.S. economic recession in calendar year 2020 appears more unlikely.

Despite all the positive U.S. economic news, there are multiple areas of  concerns expressed my many Americans regarding the strong economy.  They point to structural changes in the economy, growing inequality between the upper and lower classes, and an uneven economic recovery in the wake of the Great Recession.  Essentially, the benefits and opportunities created by the strength of the U.S. economy have failed to filter down equally to every American.

Many Americans are feeling further economically marginalized and left behind by the changes in the economy and workforce.  You hear frequently from financial news and social media that there are not enough skilled workers to fill the job openings that exist in corporate America. Many high paying unskilled manufacturing jobs that existed two decades ago have migrated overseas to countries like Mexico, China and Vietnam.

The wealthiest Americans, especially those owning assets and large stock portfolios, have realized the most benefits from the strong economy and seemily never ending bull market.  This dichotomy of whom has benefited most from the strength in the economy is driving the widening rift between the haves and haves not within the country.

America must find away to ensure all Americans, not just the wealthy and elite, benefit from the strong economy and bullish equity financial markets.  Essentially, the prosperity of the counntry must truly lift all boats and avoid leaving some stuck in the mud.