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We are in the midst of what is referred to as the “transition” – the hand off of power from one president to another. God bless America – these conversions are peaceful. Even when the exchange takes place between presidents of opposing political parties, as is currently underway.
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As the Wall Street Journal summarized in its August 25-26, 2012 weekend edition, “For household income, in other words, the Obama recovery has been worse than the Bush recession.”
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