Decomposing simple permutations, with enumerative consequences

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We prove that every sufficiently long simple permutation contains two long almost disjoint simple subsequences. This result has applications to the enumeration of restricted permutations. For example, it immediately implies a result of Bona and (independently) Mansour and Vainshtein that for any r, the number of permutations with at most r copies of 132 has an algebraic generating function.