Tags: millionaires | treasury
OPINION

Trump Has the Building Blocks for U.S. Golden Age

united states economic and presidential politics during an election year

Then-President-elect Donald Trump rang the opening bell on the trading floor of the New York Stock Exchange (NYSE) - Dec. 12, 2024 in New York City. (Spencer Platt/Getty Images)

Clara Del Villar By Friday, 24 January 2025 04:32 PM EST Current | Bio | Archive

"To Infinity . . . and Beyond!"

This euphoric Buzz Lightyear catch phrase from the movie "Toy Story" (Pixar/Buena Vista) most accurately captures these early days of a triumphant Donald Trump's second presidential Term.

Let’s face it, we have missed the dramatic dynamism and optimistic swagger of an America aiming for the stars!

A 21st century Golden Age of America may be indeed beginning.

Just look at the recent Stargate Project announcement led by President Donald Trump along with the CEOs of Oracle, Open AI and SoftBank.

This $500 billion AI infrastructure plan is a generational move shaping the future of global innovation, national security and the economy.

Comparable to the building the entire U.S. Interstate system.

If implemented with patience and talent, this could provide the foundation for humanity’s next leap forward.

Contrast this with Joe Biden's sour and gloomy farewell White House address, which featured doomsday warnings of oppressive concentrations of wealth, power, tech oligarchs taking over our nation, choking opportunity while climate deniers destroy our land.

This dark future of America was a sad end to a pathetic presidency and demonstrated how he and his White House minions still believe that we Americans are pitiful dunces.

They warn us that we should be afraid, very afraid of super successful CEOs and billionaires seeking influence in Washington.

As for billionaires, the final campaign contribution records show that 82 billionaires gave money to Vice President Kamala Harris versus only 52 for Trump.

And as he left the White House, Biden handed out Medals of Freedom to two billionaires: George Soros and David Rubenstein.

Apparently, Democrats only like "their" billionaires.

The other billionaires they now call oligarchs.

Scott Bessent, Trump’s nominee for Treasury secretary, shared an inspiring background of overcoming adversity with personal strength at his confirmation hearing of overcoming adversity with personal strength after being born in rural Conway, South Carolina into a family facing serious financial difficulties.

The liberal media ignored his impressive self made story and lavished attention on Democratic senators attacking his policies as "welfare for the rich who don’t pay their fair share."

While these rants are here to stay, perhaps this new Trump Administration team — which includes many self made individuals — has an opportunity to shed better understanding on pro market policies by spotlighting their own success stories and others on a regular basis.

We live in an astounding Global economy today. Global GDP has skyrocketed from $3.4 trillion in 1974 to $110 trillion in 2024 for 8.16 billion people globally!

The United States is the most economically resilient and rich nation with a GDP projected at $29.14 Trillion in 2024.

This growth is powered by less unnecessary regulation, less taxation, more entrepreneurial innovation, ambition and freer markets.

Europe is openly recognizing this now and President Trump is the perfect leader for our moment.

America has rewarded daring risk takers who figure out how overcome obstacles to make and sell the most appealing, innovative, valuable products, services and experiences to the most customers.

We are in a technology renaissance, billions of individuals have greater access to information, commerce and purchasing power than ever before in history.

Wealth creation will continue for those who know how to seize it and the age-old question remains — how do we help more Americans get access to opportunity?

Americans are "waking up" to what really creates progress in this country and are rejecting the tiresome virtue signaling, political blather, and social demands that have been flung in our faces for years.

Larry Fink, the CEO of Blackrock, just gave an interview doubling down on performance and customer service priorities.

BlackRock and a range of other multinational financial institutions also recently departed the UN sponsored Net Zero alliance.

His action sent a message to the United Nations that it really has no authority to dictate demands and unilaterally set lending criteria.

The business of America is innovation, competition, accountability, responsibility, customer satisfaction, good performance and safety.

Our nation is still a young, moving forward from conflict, finding inspiration, motivation, and seeking opportunity achieving the American Dream.

Progressives keep whining and complaining about solving income inequality. They want to redistribute the existing pie of prosperity rather than bake new ones.

They ignore obvious solutions for disadvantaged families including better choices in school, educational opportunity, and financial literacy training.

Diversity and social justice programs have been unmasked as marketing gimmicks that masquerade as easy answers to enormously difficult challenges of poverty, opportunity access.

Our American economy — powered by our business community — creates jobs, market solutions to everyday life and incredible wealth on a scale not previously witnessed in human history.

As of 2024, there are 22 million millionaires in the United States, more than any other country in the world.

That is about 1 in every 15 Americans — and that number is expected to grow to 25.4 million by 2028.

The new Trump administration understands this essential requirement for our nation's success. And because of that it will have a far bigger positive impact on everyday Americans than the blowhards of the departed Biden presidency.

Clara Del Villar is Director of Senior Initiatives at FreedomWorks Foundation. She has served in senior roles in Investment Management, Private Asset Management, and Capital Markets. Her entrepreneurial ventures involved digital media as Founder, CEO of The Hispanic Post; energy tech as founder of InEnergy and health tech. She is a former advisor at 60Plus Foundation. Currently. She is also a Board Director at General American Investors Co. and Executive Committee of Weill Cornell Women's Health Symposium. Read Clara Del Villar's Reports — More Here.

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ClaraDelVillar
Americans are "waking up" to what really creates progress in this country and are rejecting the tiresome virtue signaling, political blather, and social demands that have been flung in our faces for years.
millionaires, treasury
927
2025-32-24
Friday, 24 January 2025 04:32 PM
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