There never has been a time in our history when work was so abundant or when wages were as high, whether measured by the currency in which they are paid or by their power to supply the necessaries and comforts of life.
Benjamin Harrison (1833–1901), U.S. president. Annual Message to Congress, December 6, 1892. Public Papers and Addresses of Benjamin Harrison, Twenty-Third President of the United States, p. 130, Government Printing Office (1893).
Less than a year later, the economy collapsed into the second worst depression in American history.