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Both Barnum and H. L. Mencken are said to have made the depressing observation that no one ever lost money by underestimating the intelligence of the American public.

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Carl Sagan Quote: “Both Barnum and H. L. Mencken are said to have made the depressing observation that no one ever lost money by underestimating the intelligence of the American public.”
Carl Sagan Quote: “Both Barnum and H. L. Mencken are said to have made the depressing observation that no one ever lost money by underestimating the intelligence of the American public.”
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