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The American middle class is in steep decline, which has been true for 3-4 decades but accelerated rapidly after 2008. Converging U.S. and global macroeconomic change has created a millennial generation in fierce competition for opportunity and armed with the Internet in the search to reduce costs, find income and get ahead. Inter-generationally, there are more mice, the mice are more hungry, and there is less cheese in life’s maze.
When thinking of educating for the future, an economists perspective on the value of different types of jobs within future markets is worthy of consideration. Interesting stuff here!