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Paul Street: "Skin in the Game": Inequality, Sacrifice, Obama, and the Fate of the Earth

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"Deep poverty" has been on the rise in the US over recent years, thanks in part to Bill Clinton and Newt Gingrich's elimination of poor families' entitlement to federal family cash assistance-a policy move Obama has repeatedly praised. The "deep poverty" measure and other terrible socioeconomic indicators will only worsen as the US heads further into its worst economic crisis since the Great Depression.

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