Bonus Quotation of the Day…

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… is from page 56 of Norbert Michel’s excellent 2025 book, Crushing Capitalism: How Populist Policies are Threatening the American Dream [footnote deleted]:

[T]he percentage of people reemployed without taking a lower paying job has gone up over the past few decades. Between 1991 and 1992, only one third of the reemployed earned as much or more as they did in their previous job. However, this figure rose to 43 percent between 2001 and 2003, and to 51 percent between 2015 and 2017.