QotD 7/16/2013

Middle-class consumer demand is a much greater driver of business expansion than wealth at the top.  The basic reasoning is simple: a successful business will only hire more workers and increase production when people are able to buy what the business wants to sell. That demand won’t continue if the average American can’t obtain the skills, opportunities and, ultimately, good wages to keep up this ‘virtuous cycle.’

 -Gene Perry, policy analyst with Oklahoma Policy Institute

ABOUT THE AUTHOR

Gene Perry worked for OK Policy from 2011 to 2019. He is a native Oklahoman and a citizen of the Cherokee Nation. He graduated from the University of Oklahoma with a B.A. in history and an M.A. in journalism.

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