This recovery is decidedly anti middle class.
The rest of the economy, on balance, went backwards.
Looking ahead, data are not encouraging.
Businesses need customers and capital to create jobs.
The trade deficit is nearly entirely oil and trade with China.
Peter Morici is a professor at the Smith School of Business, University of Maryland School, and former Chief Economist at the U.S. International Trade Commission.
Middle Class Falls Short on Retirement
http://xtraplan.wordpress.com/2010/12/09/middle-class-falls-short-on-retirement/
The former president of Shell Oil, John Hofmeister, says Americans could be paying $5 for a gallon of gasoline by 2012.
