“Yesterday, the stock market dropped over two hundred points on news that child welfare in the U.S. worsened in the last year. Forecasters don’t see any improvement in children’s health or education in the coming months as such key indicators as childhood obesity, per-pupil spending and high school dropout rates continue to worsen.  Investors consider such indicators a sign of the quality of the future American workforce and will continue to be bearish on American stocks until childhood conditions improve.”

Can you imagine if this were true?  If Wall Street were so concerned about children that they would make daily investment decisions based on children’s welfare? They should. The high school class of 2023 is starting kindergarten this month and there is every indication that the workforce emerging from that class will be as challenged and underprepared as the one that just graduated in June. Continue reading →