Senator Elizabeth Warren
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But the point is, those are two groups that are now in a more vulnerable jobs position.
So, look, I don't want anybody to lose their job.
I don't feel better if someone else does.
But it makes me very uneasy, again, directionally on where we're going on jobs.
I think the Fed is right to be concerned and to be digging through those data as fast as they can.
Yeah.
And remember, the Fed doesn't think we're at the right inflation number.
They think it needs to be markedly lower.
They want to see the full point lower than it is on inflation, as well as wrong direction.
But, you know, you go to a really interesting point here, and that is this question about averages versus calling through the data.
On average, our incomes are going up every year.
Yeah, but understand the billionaires are the ones who are looped into that average, and that makes it look a lot better.
There was a time in America where the big gainers in incomes were the people who made the most modest incomes.
And proportionally, they were getting more and they were getting more out of GDP.
The worrisome parts now are to look at the debt levels that families are carrying.
Go back to your point that unemployment across the board is fairly low.
And inflation is not giant.
It's not like it was 40 years ago, which was just wild.
And yet.
Or even a couple of years ago.