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Unleash Prosperity Hotline Issue #1403
12/02/2025
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1) Americans Don't Like "Big Tech," But They Like the Magnificent Seven
Data analyst David Shor has examined the latest public opinion polling on Silicon Valley tech companies and has found that Americans by a 60% to 25% margin have a positive opinion of America's Magnificent Seven, especially Google, Amazon, Microsoft, and Apple.
But they have a slightly negative view of the boogeyman of "Big Tech Companies" in general.
One fascinating reversal is that Republicans who used to be hostile to Big Tech in part because the firms were hostile to conservatives, are now slightly more positive in their views of the tech companies than Democrats. The one tech company that isn't held in high esteem is Tesla. We suspect that's driven by liberals who've turned against Elon Musk because of his DOGE association with Trump.
But on balance, this shift in public attitudes is a relief. How could Americans be against U.S. companies that dominate the tech sphere and have added some $15 TRILLION to our combined wealth and millions of high-paying jobs?
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2) Meanwhile, Public Support for Higher Ed Is Tumbling
More good news: Americans now agree with something we've been saying for six years: universities are the nation's greatest financial swindle.
The latest polling shows that voters are on to the college scam of taxpayer subsidies to fund indoctrination, woke stories, and exploding tuition costs.
The new NBC poll shows the number of Americans saying college is worth the cost has fallen from 53% percent in 2013 to just 33% today.
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Specifically, just one out of three agree a four-year college degree is "worth the cost because people have a better chance to get a good job and earn more money over their lifetime," while 63% say it's "not worth the cost because people often graduate without specific job skills and with a large amount of debt to pay off."
Remarkably, even among voters with college degrees, only 46% now see college as worth the cost: "They're now seen as out of touch and not accessible to many Americans," says Democratic pollster Jeff Horwitt, of Hart Research Associates.
Indeed, the average, inflation-adjusted cost of public four-year college tuition for in-state students has doubled since 1995. Tuition at private, four-year colleges is up 75% over the same period.
The market is adjusting. Interest in technical, vocational and two-year degree programs is soaring as students look for any pathway that can get them into the labor force more quickly - and without a huge helping of indoctrination.
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3) Minnesota: Land of 1,000 Scandals
Last week, we noted that federal prosecutors have charged 78 people with felonies in Minnesota, accusing them of stealing over billions of (mostly federal) taxpayer dollars from Medicaid, COVID relief, food assistance, and autism programs. Some of the money appears to have been routed to overseas terrorists in Africa.
The scandal is still growing.
The New York Times ran a front-page story on Friday exposing more of the fraud schemes:
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Hundreds of state workers at the Minnesota Department of Human Services are publicly accusing Democratic Gov. Tim Walz of tolerating "massive fraud" and then retaliating against whistleblowers in an X post with 38 million views:
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For years, Democrats were unwilling to tackle the massive fraud among the 80,000 Somalians living in Minnesota.
The scandal was only addressed this year by the Trump-appointed Acting U.S. Attorney Joe Thompson in Minneapolis, who says social trust has been broken in a state once known for its honesty: "We're losing our way of life in Minnesota in a very real way."
We will see if Minnesotans agree when they decide whether to reelect the bumbling and corrupt Governor Walz to another term.
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4) Eight of 10 Swiss Voters Reject Soak the Rich Wealth Tax
There is still some sanity in Europe. On Sunday, 79% of Swiss voters rejected imposing an inheritance tax on estates worth over $62 million. The proposed wealth tax failed in all 26 Swiss cantons. The tax would have confiscated 50% of a lifetime of wealth.
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Swiss Finance Minister Karin Keller-Sutter hailed the decision, saying "We already have enough redistribution today.”
The Swiss also jealously guard their civil liberties. On Sunday, 84% of Swiss voters also rejected requiring every citizen, regardless of gender, to do national service in the army or in civilian work. And the city of Zurich rejected imposing a speed limit of about 20 miles per hour on its roads.
Our friend Dan Mitchell tells us ([link removed]) there's a long tradition of sensible votes in Switzerland, which accounts for much of its prosperity and growth:
* In 2001, the people of Switzerland voted by a 5-1 margin in favor of a national spending cap.
* In 2014, Swiss voters overwhelmingly killed a minimum-wage mandate.
* Also in 2014, the voters rejected single-payer healthcare in a landslide.
* In 2016, there was a landslide vote against a scheme to provide universal basic income.
* In 2023, voters in Geneva rejected a wealth tax.
No wonder the Swiss are so wealthy. They reward wealth and entrepreneurship rather than punish it.
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5) Forbes Lays Out Health Care Freedom Agenda
Some simple common sense from UP co-founder Steve Forbes:
Washington's political class keeps insisting that our healthcare problems can be solved with more regulations, more dictates and more bureaucratic tinkering. The results of this command-and-control mindset speak for themselves: exploding premiums, shrinking choices and a healthcare system that's increasingly unresponsive, unaccountable and unaffordable.
We don't need more government engineering; we need more freedom. When individuals, not bureaucrats, control healthcare dollars, innovation flourishes, costs come down and patients receive better care. This is the same formula that has made the U.S. the global leader in technology, finance and consumer products. There's no reason healthcare should be any different.
Read the whole thing:
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6) What People Will Stand In Line For
A humor item showing people lined up for black friday with the caption "If you can wait in line for hour for a cheap tv on Black Friday, You can vote in person..."
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