>> do you think president trump agrees with you? >> you should ask him, not me. >> let me ask you, one of the things in your book, you talk about how it's very good to worry, to be concerned about any ominous signs. you have a unique vantage point. do you think we are at the beginning of a recession? >> i don't think so. the reason for that is about 72% of the u.s. economy is consumer based, and the consumers are doing extremely well. and part of what's happening as we increase the minimum wage in a full sort of working economy is that minimum wage is higher as it's going up, and other labor costs because of scarcity are going up. so that's about 4% growth in wages with an economy that's growing, too, and inflation that is somewhere, i guess, around