America 250TH ANNIVERSARY Is Great Again


There is no time in history when we had more income, more wealth, more choices, and more opportunities than today.


by stephen moore


showing young people are pessimistic about the American economy, that they feel everything from healthcare to housing is too expensive, and that capitalism has failed and we need more socialism. Here’s a dose of reality that every


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young person should be made aware of: There is no time in history when Amer- icans had more income, more wealth, more choices, and more opportunities than today. Computers, Uber and Google


searches, electric vehicles, Amazon de- liveries, and cellphones didn’t even ex- ist very long ago. Even air conditioning and dish-


washers were considered extravaganc- es just a generation or two ago. Women worked at home doing housework, and most Blacks were rel-


STEPHEN MOORE


Co-founder of the Committee to Unleash Prosperity, was a senior economic adviser to Donald Trump.


here’s an old saying that the past remembers better than it lived. I think about that tru- ism a lot lately, with polls


egated to menial jobs, and almost all Hispanics were poor. The air and water were dirtier, and a cancer diagnosis was a death sentence. At the turn of the millennium, I


wrote a book called It’s Getting Bet- ter All the Time about the 100 greatest trends of the 20th century. Almost every indicator — health,


wealth, environment, dis- posable incomes — showed spectacular improvement in 20th-century America. Now today, I see what has


happened since then. The wealth of the country has more than doubled in just 25 years.


America has become a su-


perpower in the 20th century, but now our lead over the rest of the world has only expanded. We have Big Tech’s Magnifi cent


Seven companies — Amazon, Apple, Google, Meta, Microsoft, Nvidia, and Tesla — that are worth more than all the companies in Europe combined. We are now a nation with an


estimated $150 trillion or so of as- sets and wealth. This will very soon be bequeathed to the millennials and their children. Will they build on the wealth and


heritage of our past generations? Will they carry the torch of American ex- ceptionalism? They can and should, but it’s wor-


risome that many young people today don’t even believe in American excep- tionalism. They don’t believe that, as Ronald Reagan so eloquently put it, America was put here by “divine provi- dence as a beacon of freedom for the rest of the world.” In the 2000s, America


came to completely domi- nate the internet/digital age. The combination of good old-fashioned Yankee inge- nuity and America’s abil- ity to attract the best and the brightest from all over the


world has made the U.S. the alpha male of the world economy. Even as we fall into fi nancial ditch-


es, as happened in 2008 and with COVID-19 in 2020, we manage to pick ourselves up by the metaphorical boot- straps, rebuild, and soldier on. We’re on a roll as America nears its


250th birthday. Yes, there are scary problems. A


$37 trillion debt. The decline of mar- riage and low birth rates, and the in- creased social isolation of too many young people as they bury their heads


JANUARY 2026 | NEWSMAX 53


BACKGROUND/HERE/SHUTTERSTOCK / FLAG/ISTOCK.COM/DESID


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