The Stock Market As A Source Of Complacancy

     A financial analyst made an argument that complacency contributes to the sluggish economic growth that the United States has been experiencing. He gave an explanation as to where this complacency comes from, which did not include the below.
      Perhaps complacency is also caused by policies to inflate stock markets and make the value of saving worthless. What is the value of work, or of taking chances to create businesses, when governments and others have made it clear that the quickest, easiest, labor free road to riches is the stock market? A post crash generation has grown up learning that stock markets always go up, and it is the easiest way to make money with minimal effort. Why work hard when all one has to do is attach himself or herself to the mother of all breast milk, the worldwide stock market casino?
       Entire industries and jobs revolve around the production of nothing other than moving money around, whether it is in gold or financial markets. The value of labor keeps getting diminished, and increasingly relegated to an undocumented worker underclass that is now being made more vulnerable and helpless than ever. Speculators get rewarded, and laborers punished. This will not endlessly continue to be without consequences.
        Some smart financial experts advise long term investing in low cost index mutual funds or etfs that track the markets (a strategy that beats most actively managed funds and advisers at far lower cost). Young people can ride out any market downturns. For older folks, if this continuing meteoric stock market rise is a bubble waiting to burst, driven by recklessness, they may not live long enough to recover from the blow.