americans now than they are for upper income americans and that's fed through to consumer spending. compensating for the recession in manufacturing and the lower investment. >> yeah, it really has. and i think one of the things to look for as we get into the political season, election gets going, people get nominated, is we talked about this a little earlier, the democrats' economic policies currently, if we get into the summer and whether it's joe biden, amy klobuchar, gods knows elizabeth warren, if it looks at all as if the campaign is competitive and you've got a democratic party campaigning on higher taxes, repealing some of the trump tax cuts, certainly rolling back the deregulation, i think you're going to see a lot of downward pressure, at least in the stock market because the trump policies love or hate donald trump, those economic policies are clearly responsible with what's happened the last two years. if you roll them back, there's