Ignoring the rich

The economic data didn't come in at the same time, but they might as well have done, in terms of political impact. We have in the past five years seen a reduction in real income to the American working class. Simultaneously, we have seen an increase in the share of national income flowing to the wealthiest 5 percent. The figures of course need refining, but they are there as tinder for those who want to doubt the pretensions of the free market, or else to heighten political means of interfering with its allocations.

William F. Buckley