Victor Davis Hanson's Sept. 24 column "U.S. acts like wealth is limited" takes me back 30 years when government regulations were the rule of the day. Most professionals made six figures in income annually as they do today. The middle and working class made a modest living back then, but have lower salaries today due to the decline of organized labor. The money speculators and lenders made six-figure salaries then. What would be their incomes now? Seven or eight figures annually?
It looks like U.S. wealth is not limited, but has shifted. Wouldn't you agree, Mr. Hanson?