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A record 34% of household income in the US is now in the form of transfer payments from the government such as welfare and food aid. The combination of a devalued dollar and crushing debt will destroy the middle class.

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WE BEGIN the new year with a look back twelve years to a podcast Sharon and I produced in January 4, 2009, as we looked at the incoming administration of Barack Obama. There are plenty of parallels to where we are today, twelve years later.

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