Americans Discovered How to End Poverty

Source: Future of Freedom Foundation
by Jacob G Hornberger

“During my favorite period in history — around 1870 to 1910 — the standard of living of the American people skyrocketed. Suddenly, poor people were going from rags to riches in one, two, or three generations. In fact, some poor people were becoming multimillionaires. Real wages were soaring — and not because of inflation because there was no inflation. Multitudes of European immigrants were flooding into America to get in on the action. New inventions were coming into existence every day. The world had never seen anything like it. And everyone in the world marveled at what was happening. But why? Why the United States and not some long-established foreign country? The answer lies in what happened about a century before — in 1776, when two revolutionary concepts were introduced to the world — and then in 1788, when the U.S. Constitution was ratified.” (06/22/26)

https://www.fff.org/2026/06/22/americans-discovered-how-to-end-poverty/