Introduction…We’ve been hearing the media and some Democrats tell us why we should oppose President Donald J. Trump after his election. We hear news of protest (civil unrest) as if they are the majority. In contrast, we saw the middle class non-college graduate come out to support Trump in mass. They know when the balance their budgets each month that their income is declining. Nationwide, the median income of U.S. households in 2014 stood at 8% less than 1999.
And on the top end of wealth scale, the world’s two richest people Bill Gates and Warren Buffet,t stated their opinions on this the future of America. On Friday they expressed optimism that the United States will move ahead as a nation, even as it works through political differences and gets used to the new Trump administration.
Gates and Buffet were speaking to students at Columbia University after President Donald J. Trump started to unwind the work of his predecessor Barack Obama in a series of executive orders, prompting concern from critics over what the actions mean for Americans and their place in the world.
“I am confident that America will move ahead,” Buffett said.
Gates, meanwhile, said the desire for innovation and support for research are “strong” and “largely bipartisan,” despite differences on how to accomplish and fund both.
“This administration is new enough; we don’t know how its budget priorities are going to come out,” but there is much intensity to ensure that the executive branch and Congress encourage “amazing things,” Gates said.
In conclusion…I see lots of optimism concerning America’s future from entrepreneurs who have money to invest in their own companies and real estate. I have more money interested in our self-storage projects in the last two weeks, than I’ve seen for the last two years.
Sources: Jonathan Stempet, “Buffett, Gates have hope for America after Trump ascension,” Reuters, 27 Jan 2017; “America’s Shrinking Middle Class,” PewResearchCenter, 11May 2106