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i think you stated about $4,000 a house hold. >> $4,000 over three to five years. >> for our viewers, explain that. where do you think that comes from? >> so what happens is if you want to have a higher wage then you need to be more productive. that could come from investing in skills, you go back to school or if you are firm investing in machines you become more productive and there is a big academic literature and if you flip through the report coming out today we have some cool charts that suggests that a tax cut like the one we just saw should lead to wage increases to the $3,000 to $5,000 range and we stuck at $4,000. and we're keeping track of people getting pay raises and it is up to 4.6 million people have had a pay raise of more than a thousand dollars because the employers are saying because of the tax cut. and if you hear a weird buzzing sound a security sound -- >> if you have run. >> they haven't told me to flee.

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