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Wages in some parts of the country didn't move at all last year. and that particularly means that, you know, families at the bottom are struggling. and while wages aren't growing, we're also seeing the uninsured rate going up. so the last couple years, the number of people without insurance has been increasing. child care costs are rising. and people don't have access to paid leave. i just want to put this together for you and say what do we see? we see a strong economy where people aren't having children. it's very unusual to see the birth rate decline, and that's what we're seeing. >> mark, ...

Significant income in wealth gains for those at the very top and stagnant living standards for the majority. i think it's appropriate to ask whether this trend is compatible with values rooted in our nation's history. >> this was janet yellen speaking at the boston reserve meeting earlier, the boston federal reserve meeting earlier this year. what is the role of the fed share in terms of inequality? >> i think that was a fabulous quip. this is unprecedented. the fed never talks about distributional issues. so she was breaking a long precedent. i applaud her for doing that. so the question is, ...