Prosperity—Not for All
America is at sailing along at peak prosperity, with the stock market having boomed for 10 years and the last recession coming in the previous decade. Unemployment is at a 20-year low. There are arguments about which President is responsible for this great news, but most Americans are prosperous. Right?
Apparently not. The nonprofit Center for Financial Services Innovation polled more than 5,000 Americans, and concluded that, in the midst of this unprecedented economic prosperity, only 28% of Americans could be considered “financially healthy.”