Courtney Brown

So in real terms, they're essentially getting a pay cut.

And there's a bunch of different ways to measure wage growth.

But if you look at average hourly earnings, which comes out

in the jobs report, and you compare it to CPI, I mean, yeah, there's a big gulf opening up.

We had some reporting this week that showed that when you look at real wage growth since President Trump took office, they've essentially, all of the gains that we've seen have essentially been wiped out.

So in the span of four months, wiping out a year plus of wage gains, and that's really

meaningful, not only because of the pain that consumers are feeling, but because, you know, this wage measure we're talking about, this is the one that the Trump administration this time last year was touting as a sign that their agenda was working.

And so now that the opposite is the case, you got to ask if there are questions inside the White House worrying about what the consumer impact will be.

Do they pull back on spending things of that nature?

She had other offers, some with higher salaries, but... For me, that wasn't a huge deal because Birmingham was so affordable and it's what I knew I wanted to do.

The next year, she bought a house.

If I look at what I would have been able to get in Scottsdale versus here, it's drastically different.

I feel as if foundation-wise I will be here in Birmingham.

Hi, Kyle.

Yeah, it's like almost everything that happened this week in macro world pointed to this idea that rate cuts, which, you know, Kevin Warsh is under pressure to deliver.

The case gets harder and harder to make.

It's like every day this week through Friday, the case got harder.

harder to make.

And it all culminates in that speech that you mentioned from Fed Governor Christopher Waller.

Remember, he was basically on the front line of arguing for a rate cut not too long ago.