I agree. Great article.
This is a theme that Buffett, the greatest investor of all time, always speaks of. Our children will live better than we do and their kids will live better than our kids.
It’s a shame media has to resort to sensationalism all the time to pump ratings. Ultimately when the economy slips from failing confidence it is their doing and they too will see cuts in advertising and than layoffs. They are shooting themselves in the foot and they are too short sighted to see it.
The economy and confidence ebbs and flows. Boom or bust. Exuberance to depression. Where we end up next week, next month or next year nobody really knows. We do know our kids will live better than we did as the author here points out.