Richardcyoung.com

The Online Home of Author and Investor, Dick Young

  • Home
  • Debbie Young
  • Jimmy Buffett
  • Key West
  • Your Survival Guy
  • How We Are Different
  • Paris
  • About Us
    • Foundation Principles
    • Contributors
  • Investing
    • You’ve Read The Last Issue of Intelligence Report, Now What?
  • The Great Reset
  • The Swiss Way
  • My Rifles
  • Dividends and Compounding
  • Your Security
  • Dick Young
  • Dick’s R&B Top 100
  • Liberty & Freedom Map
  • Bank Credit & Money
  • Your Survival Guy’s Super States
  • NNT & Cholesterol
  • Your Health
  • Ron Paul
  • US Treasury Yield Curve: My Favorite Investor Tool
  • Anti-Gun Control
  • Anti-Digital Currency
  • Joel Salatin and Alfie Oakes
  • World Gold Mine Production
  • Fidelity and Vanguard Since 1971

Equality Is Paving the Way to Mediocrity

February 8, 2021 By Debbie Young

By Yury Zap @ Shutterstock.com

Most startups fail because innovation is darn difficult. A gaggle of geeks sitting cross-legged (Sukhasana) around computer screens may not look challenging (it is), but generally it requires people of all genders, nationalities, personalities coming together with their expensive, focused college degrees. Geek-ish innovators forgo many pleasures in life. Instead, they work long hours to bring the rest of us life-enhancing devices and services. In the U.S. we have families, communities, religious groups that demand excellence, Andy Kessler reminds readers in his WSJ column.

Markets reward it. Excellence, like COVID vaccines, doesn’t come from luck or laziness, but from hard work and perseverance.

Virtually all universities and now many companies have D&I departments, for diversity and inclusion.

Yes, this sounds worthy enough, but as far as AK can tell “the No. 1 job of a D&I department is to hire more people into the D&I department. No one ever mentions excellence.”

Government too. Joe Biden is likable enough, but let’s face it, during the primaries he was the compromise, the consolation prize. And now he’s quickly perpetuating mediocrity by proposing $15 minimum wages, $1,400 stimulus checks, and $400 weekly unemployment-check boosts.

Yes, the Covid recession requires assistance, but these programs are too broad and will likely lead to permanent welfare-state expansions. Why work when Uncle Sam provides table stakes for mob-trading GameStop and dogecoin?

Mediocrity Flourishes

A high school near Mr. Kessler realized that middle schools from lower-income neighborhoods weren’t adequately preparing the students for high school. The solution? No, don’t fix the problem, it was decided. Easier yet, dumb down the high school and drop Freshman Honors English “to combat the effects of academic ‘tracking” because it “ultimately separates students of different socioeconomic and racial backgrounds.”

The End of American Exceptionalism?

Van Morrison, in one of his songs, sings about keeping mediocrity at bay. Has the race to the bottom begun?

In January the College Board announced it would eliminate the essay portion of the SAT, as well as all of the separate SAT subject tests. Their stated purpose was “reducing and simplifying demands on students.” Such a burden.

 

If you’re willing to fight for Main Street America, click here to sign up for the Richardcyoung.com free weekly email.

Related Posts

  • “Liberty Has Been Supplanted by Diversity,” Justice by Equality
  • American Revolution Not About Equality of All Men
  • What Do You Know About Pelosi’s Equality Act?
  • You’re Seeing the Democratic Party’s Elimination of Excellence through Equality
  • Author
  • Recent Posts
Debbie Young
Debbie, editor-in-chief of Richardcyoung.com, has been associate editor of Dick Young’s investment strategy reports for over five decades. When not in Key West, Debbie spends her free time researching and writing in and about Paris and Burgundy, France, cooking on her AGA Cooker, driving her Porsche Boxter S through Vermont and Maine, and practicing yoga.
Latest posts by Debbie Young (see all)
  • Bidenomics: Distrust of Public Officials and Institutions - September 29, 2023
  • The Point to the GOP Debates - September 29, 2023
  • The Elephant in the Room - September 28, 2023

Dick Young’s Must Reads

  • Your Cash Swept into Your Broker’s Bank Account!
  • You Need to Seek Some Shelter for When Things Get Ugly
  • Washington Is the Systemic Risk
  • Vermont Abandoned, Dairy Farm Economy Devastated
  • Your Odds with Statins: 500 to 1?
  • Soros’s Open Society Foundation, Charles Koch Team Up
  • America’s Silent Army with 423M Guns
  • Why Investors Should Forget Prices and Focus on Income
  • Warning! Your Survival Guy’s on a Boil Water Advisory
  • ENERGY FREEDOM ACT: Ted Cruz Introduces Bill for Energy Independence

Our Most Popular Posts

  • Skyrocketing Costs of Building a Green Grid Are Starting
  • The Government Attack on Americans' Independence
  • Wellington and Wellesley Funds Not Managed by Vanguard
  • Fighting Russian Power with a Hill of Crosses
  • Your Survival Guy Fishing with Dolphins
  • “You Didn’t Eat That Again, Did You?”
  • Speaking of Bad Ideas …
  • The Constitutional Case Against CBDCs
  • The Single Worst Market Timing Event in History
  • "But What Happened to Eggs?"

Compensation was paid to utilize rankings. Click here to read full disclosure.

RSS Youngresearch.com

  • Investing Habits of the Fairly Wealthy: #10 Powerball
  • “Then One Day the Grandfather was Gone”
  • India Choose to Promote Coastal Trade. The US Should Too
  • “No Way I’m Spending That Much on Those”
  • The War Machine’s Manpower Problem
  • Profits Becoming Elusive in China
  • “You Didn’t Eat That Again, Did You?”
  • Your Survival Guy Fishing with Dolphins
  • The Single Worst Market Timing Event in History
  • Government Intervention Begets More Intervention

RSS Yoursurvivalguy.com

  • Investing Habits of the Fairly Wealthy: #10 Powerball
  • Your Survival Guy: “Life on Main Street Hasn’t Been This Hard in a While”
  • Your Retirement Life: Striped Bass Fishing off Block Island
  • “Then One Day the Grandfather was Gone”
  • How Joe Biden Raised Oil Prices
  • Is the Philadelphia Looting Spree the Wake-up Call America Needs?
  • “No Way I’m Spending That Much on Those”
  • What Trade Policy Serves America’s National Interest Best?
  • California Wants to Make the 2nd Amendment Unaffordable
  • “You Didn’t Eat That Again, Did You?”

US Treasury Yield Curve: My Favorite Investor Tool

Five Year Treasury Yield

Bidenomics: Distrust of Public Officials and Institutions

Investing Habits of the Fairly Wealthy: #10 Powerball

“The Goal Is to Break Down the Individual”

Blackwater Founder Erik Prince a Hillsdale College Graduate

Copyright © 2023 | Terms & Conditions | About Us | Dick Young | Archives