<?xml version="1.0" encoding="UTF-8"?><rss xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:content="http://purl.org/rss/1.0/modules/content/" xmlns:atom="http://www.w3.org/2005/Atom" version="2.0" xmlns:itunes="http://www.itunes.com/dtds/podcast-1.0.dtd"><channel><title><![CDATA[The American Wallet]]></title><description><![CDATA[The American Wallet podcast addresses the financial needs and concerns of the American middle class, the 98% of Americans who need to work and provide for their families and their retirement.  The American Wallet provides background and perspective to news, politics, and history of working-class economic conditions in the United States.  <br/><br/><a href="https://petersmartin.substack.com?utm_medium=podcast">petersmartin.substack.com</a>]]></description><link>https://petersmartin.substack.com/podcast</link><generator>Substack</generator><lastBuildDate>Tue, 09 Jun 2026 19:35:07 GMT</lastBuildDate><atom:link href="https://api.substack.com/feed/podcast/2674030.rss" rel="self" type="application/rss+xml"/><author><![CDATA[Gordon Blake and Peter S. Martin]]></author><copyright><![CDATA[Peter S. Martin]]></copyright><language><![CDATA[en]]></language><webMaster><![CDATA[petersmartin@substack.com]]></webMaster><itunes:new-feed-url>https://api.substack.com/feed/podcast/2674030.rss</itunes:new-feed-url><itunes:author>Gordon Blake and Peter S. Martin</itunes:author><itunes:subtitle>American Democracy and Working Class Prosperity</itunes:subtitle><itunes:type>episodic</itunes:type><itunes:owner><itunes:name>Gordon Blake and Peter S. Martin</itunes:name><itunes:email>petersmartin@substack.com</itunes:email></itunes:owner><itunes:explicit>No</itunes:explicit><itunes:category text="News"><itunes:category text="Politics"/></itunes:category><itunes:category text="Society &amp; Culture"/><itunes:image href="https://substackcdn.com/feed/podcast/2674030/b43281dc6f4e5b28be83252cff2626d5.jpg"/><item><title><![CDATA[The K-Shaped Economy]]></title><description><![CDATA[<p>Minimum wages, tariff policy, tax policy over decades, and the resulting national debt contribute to the K-shaped economy that is worsening conditions for lower and middle class working Americans.</p><p> </p><p>12/19/2025 4:00:00 PM                Ryan Knutson      Wall Street Journal podcast – “The Journal”</p><p><a target="_blank" href="https://www.wsj.com/podcasts/the-journal/it-almost-2026-hows-the-economy/43A5C4E6-099A-40AE-B85B-6005DF69AEC3"><strong>It's Almost 2026. How’s the Economy?</strong></a></p><p> </p><p><strong>The Middle Class Is Buckling Under Almost Five Years of Persistent Inflation</strong></p><p>Workers growing tired of economy in which everything seems to get more expensive</p><p>By Rachel Louise Ensign and Rachel Wolfe     Updated Nov. 21, 2025</p><p><a target="_blank" href="https://www.wsj.com/personal-finance/the-middle-class-is-buckling-under-almost-five-years-of-persistent-inflation-4d783aee?mod=Searchresults&#38;pos=1&#38;page=1">https://www.wsj.com/personal-finance/the-middle-class-is-buckling-under-almost-five-years-of-persistent-inflation-4d783aee?mod=Searchresults&pos=1&page=1</a></p> <br/><br/>This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit <a href="https://petersmartin.substack.com?utm_medium=podcast&#38;utm_campaign=CTA_1">petersmartin.substack.com</a>]]></description><link>https://petersmartin.substack.com/p/the-k-shaped-economy</link><guid isPermaLink="false">substack:post:183964512</guid><dc:creator><![CDATA[Peter S. Martin]]></dc:creator><pubDate>Thu, 08 Jan 2026 22:46:30 GMT</pubDate><enclosure url="https://api.substack.com/feed/podcast/183964512/cb9b7de6e29cd7ab658a3565ee47d7aa.mp3" length="7787251" type="audio/mpeg"/><itunes:author>Peter S. Martin</itunes:author><itunes:explicit>No</itunes:explicit><itunes:duration>649</itunes:duration><itunes:image href="https://substackcdn.com/feed/podcast/2674030/post/183964512/b43281dc6f4e5b28be83252cff2626d5.jpg"/></item><item><title><![CDATA[American Health Insurance Costs]]></title><description><![CDATA[<p>This episode explores American health care insurance coverage and who benefits. The focus is on how the existing U.S. health care and health insurance establishment affects the American middle class.</p><p>United Health Care is the largest:</p><p><a target="_blank" href="https://www.ama-assn.org/press-center/ama-press-releases/ama-report-health-insurance-giants-tighten-grip-us-markets">https://www.ama-assn.org/press-center/ama-press-releases/ama-report-health-insurance-giants-tighten-grip-us-markets</a></p><p><a target="_blank" href="https://www.visualcapitalist.com/the-biggest-health-insurance-giants-in-america/">https://www.visualcapitalist.com/the-biggest-health-insurance-giants-in-america/</a></p><p>The stock ticker symbol for United Health Care is UNH.</p><p> </p><p>UnitedHealth Group 2024 Profits Hit $14 Billion Despite Cyberattack, Rising Costs</p><p><a target="_blank" href="https://www.forbes.com/sites/brucejapsen/2025/01/16/unitedhealth-group-2024-profits-hit-14-billion-despite-cyberattack-rising-costs/">https://www.forbes.com/sites/brucejapsen/2025/01/16/unitedhealth-group-2024-profits-hit-14-billion-despite-cyberattack-rising-costs/</a></p><p> </p><p>RomneyCare was mentioned in the context of health insurance approaches.</p><p><a target="_blank" href="https://obamacarefacts.com/romneycare-romneyhealthcare/">https://obamacarefacts.com/romneycare-romneyhealthcare/</a></p><p> </p><p>COBRA, a way to continue employer health insurance coverage after leaving a job, stands for Consolidated Omnibus Budget Reconciliation Act.  It can last for up to 18 months after job loss.</p><p><a target="_blank" href="https://en.wikipedia.org/wiki/Consolidated_Omnibus_Budget_Reconciliation_Act_of_1985">https://en.wikipedia.org/wiki/Consolidated_Omnibus_Budget_Reconciliation_Act_of_1985</a></p><p> </p> <br/><br/>This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit <a href="https://petersmartin.substack.com?utm_medium=podcast&#38;utm_campaign=CTA_1">petersmartin.substack.com</a>]]></description><link>https://petersmartin.substack.com/p/american-health-insurance-costs</link><guid isPermaLink="false">substack:post:182018521</guid><dc:creator><![CDATA[Peter S. Martin]]></dc:creator><pubDate>Thu, 18 Dec 2025 19:54:05 GMT</pubDate><enclosure url="https://api.substack.com/feed/podcast/182018521/a6dcd5cb3bdd2d7cad0596b9e74b61b8.mp3" length="7003264" type="audio/mpeg"/><itunes:author>Peter S. Martin</itunes:author><itunes:explicit>No</itunes:explicit><itunes:duration>584</itunes:duration><itunes:image href="https://substackcdn.com/feed/podcast/2674030/post/182018521/b43281dc6f4e5b28be83252cff2626d5.jpg"/></item><item><title><![CDATA[Tariffs Equal Taxation without Representation]]></title><description><![CDATA[<p></p><p>In this inaugural episode of The American Wallet, Gordon Blake and Peter S. Martin explore the relationship between recent tariffs, imposed on the United States in 2025, and taxation, starting with Tea Party.</p> <br/><br/>This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit <a href="https://petersmartin.substack.com?utm_medium=podcast&#38;utm_campaign=CTA_1">petersmartin.substack.com</a>]]></description><link>https://petersmartin.substack.com/p/tariffs-equal-taxation-without-representation</link><guid isPermaLink="false">substack:post:180847606</guid><dc:creator><![CDATA[Peter S. Martin]]></dc:creator><pubDate>Sat, 06 Dec 2025 00:10:40 GMT</pubDate><enclosure url="https://api.substack.com/feed/podcast/180847606/77712ab6943a0b217101f83e6df24890.mp3" length="4810859" type="audio/mpeg"/><itunes:author>Peter S. Martin</itunes:author><itunes:explicit>No</itunes:explicit><itunes:duration>401</itunes:duration><itunes:image href="https://substackcdn.com/feed/podcast/2674030/post/180847606/b43281dc6f4e5b28be83252cff2626d5.jpg"/><itunes:season>1</itunes:season><itunes:episode>1</itunes:episode><itunes:episodeType>full</itunes:episodeType></item></channel></rss>