Quotation of the Day…
by Don Boudreaux
on June 27, 2025
… is from page 8 of Norbert Michel’s 2025 book, Crushing Capitalism: How Populist Policies are Threatening the American Dream (original emphasis):
[T]he share of U.S. households earning more than $100,000 (adjusted for inflation) tripled over the past five decades, and the share earning less than $35,000 fell by 25 percent.
