The size of the U.S. middle class has been shrinking. Wages have been stagnant. We don't have those factory jobs that paid a living wage and enabled a family to have a home where the wife did not have to work. But we sent our factories abroad and there is no likelihood of getting them back. Equally worrisome is that some managerial jobs and professional jobs (such as lawyers) which support middle class life are threatened by automation.
Philip KotlerPoor firms ignore their competitors; average firms copy their competitors; winning firms lead their competitors.
Philip KotlerCompanies pay too much attention to the cost of doing something. They should worry more about the cost of not doing it.
Philip KotlerOur legislators have become a set of "whores" open to the highest bidders. The problem is that if we try to limit lobbying, we are in effect limiting free speech.
Philip Kotler