Many from Goodwill®, including myself, are attending the Corporation for Enterprise Development (CFED) Assets Learning Conference in Washington DC. The timing couldn’t be better, or more ironic. Six years ago this week, the world was hurtled to the brink of an economic precipice it hadn’t seen in nearly 80 years when Lehman Brothers, one of the oldest investment firms on Wall Street, announced it was filing for bankruptcy.
Today, we still face challenges caused by the Great Recession. Too many are still unemployed; many more are working, but earning far less than in 2006 or 2007. And while the stock market has rebounded and stands 2,500 to 3,000 points over its pre- Recession high of 14,100, the middle class has significantly declined.