People get wealthy via capital formation, not by taking money from people who don’t have any in the first place

New U.S. Census report: Trump economy is lifting fortunes of Americans at every income level

By Dan Calabrese —— Bio and Archives--September 13, 2018

American Politics, News | Comments | Back To Full Article

This is consistent with what we told you last week about wage growth picking up with job growth. When labor is in high demand and short supply, as is the case right now, it’s only a matter of time before wages rise. And once that starts, you’ll see what Ronald Reagan said about a growing economy proven true: A rising tide lifts all boats.

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