"Out of 65 million people in our total civilian labor force more than 62 million have jobs. In a recent month, average weekly earnings of factory workers were higher than they have been in any previous year. Because of tax reduction, moreover, take-home pay is higher still, and since the cost of living has remained virtually unchanged in the past two years, all of these financial gains represent an increase in purchasing power. Clearly these 62,000,000 are better off."
Good Reading Rack Service, 1954