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The Importance of the Middle Class
America used to have quotas. After World War II, we would apply quotas to different countries that could import stuff into America. And it kept the American economy strong in our middle class expanded. But well, you didn't notice if you were the consumer. You certainly noticed if it was your mill that shut down. Without the middle class, you simply have, you know, you're back to where we were 250 years 300 years agoyou have the peasants and the aristocracy.