A study by Michael Cox and Richard Alm of the Federal Reserve Bank of Dallas showed that of the bottom fifth of income earners in 1975, only 5 percent were still poor 16 years later.

达拉斯联邦储备银行的Michael cox和richard Alm所做的研究表明，在1975年收入最低的五分之一美国人，其中只有5%在16年后依旧贫穷。

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In 1870, according to research from Michael Cox and Richard Alm, the average worker worked 3, 069 hours a year.

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Cox went on to be part of a superb Gaels defence with Michael Lilley particularly impressive for the winners.

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