Richardcyoung.com

The Online Home of Author and Investor, Dick Young

Income Inequality Declining in the Trump Years

By

Citizens of these United States have much to be thankful for. More jobs, higher incomes, less poverty are all good signs of an improving society. Fewer Citizens Living in Poverty “By important measurements, life is getting better in the United States, especially for those at the bottom of the income ladder, writes James Freeman in […]

Economic Recovery Setting New Longevity Records Each Month

By

At The American Conservative, Alan Tonelson explains how the everyday Americans who make up President Trump’s voter base are benefiting from his presidency. Despite accusations that Trump is a “phony populist,” Tonelson says the president’s critics have “been wrong-footed over how working- and middle-class voters have fared during his administration.” He writes (abridged): President Donald […]

You Could See the Trump Flags Flying BIG Time this Summer

By

And I mean BIG TIME. When it comes to boating, especially sportfishing, it takes some serious money. You need some bucks to buy a sportfishing boat. You’ve realized some major success in your business to own a sportfishing boat. Walking the piers up and down the Eastern Seaboard this Summer, you saw “Trump” flags flying […]

Young Americans Enjoying the Fruits of the Trump Economy

By

Americans aged under 35 are happier with their paychecks now than they have been since 2011. The Wall Street Journal’s Lauren Weber reports: American workers under 35 report being happier with their paychecks than people over 55 for the first time since at least 2011, according to a new report from the Conference Board, a […]

The Trump Era Economy – Economic Calamity?

By

As the Democratic nominees vie for their party’s nomination for the 2020 presidential election, the U.S. economy continues on its path of solid performance. Conrad Black in American Greatness notes how absolute and per capita GDP growth, manufacturing jobs growth, shrinkage of minority unemployment, and purchasing power for working and lower-middle-class families are all supportive […]

Under Trump, the U.S. Up 6 Points for Economic Freedom

By

Originally posted on January 30, 2019. The Heritage Foundation just released the 2019 Index for Economic Freedom. And there is good news, reports Bright editors: Tax Cuts, Jobs Acts, Strong Deregulatory Agenda Under President Trump, the U.S. rose six spots over the past year, from the 18th most free economy in the world, to the 12th. […]

Can Trump Save America from Mega-Monopolies?

By

Originally posted January 28, 2019.  In The American Conservative, Jonathan Tepper makes the case that America’s industries have become highly concentrated and monopolistic. He goes on to point out President Trump’s campaign promises to fight such extraordinarily powerful industries, and explains how the Republican Party before the 1980s was a powerful check on monopoly power […]

Trump Administration Seeks Trade Fairness, Not Withdrawal from World Markets

By

Originally posted October 23, 2018. In a winding piece in The New York Times, while hammering away at President Trump and the right-wing of politics in general, Quinn Slobodian manages to arrive at one salient point, that Donald Trump and his administration are not actually interested in 1930s style self-sufficiency, but instead are aiming to […]

Trump’s Pro-Business American Revolution

By

Originally posted on June 15, 2018. Eight years of a Marxist influenced administration did untold damage to America’s economic engine. Businesses were reluctant to invest and bogged down by never ending regulation. In the final two years of the Obama presidency, the economy looked to be headed into the tank. Industrial production was contracting, business […]