Americans today are facing one of the worst economic environments we’ve seen in decades, with skyrocketing inflation, supply chain shortages, and the Great Resignation, to name just a few of our current challenges. According to a Gallup poll, over seventy percent of Americans feel that our economy is not only in poor share, but that it’s getting worse.
Trent Staggs, Mayor of Riverton, Utah, explains, “Large portions of our economy–particularly the middle class– are feeling left behind, particularly the middle class. Federal Reserve data shows that the middle 60 percent of households ownership of the national wealth has fallen to just only 26 percent. Their ownership of real estate has fallen from 44 percent, a generation ago, to 38 percent today. Since 1971, wage growth has nearly stagnated while GDP and productivity have increased significantly.”
