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Time i get a raise the cost of living goes up, and so therefore i never move from this point of being in the financial struggles of being poor in america. so we really had to look at, and this is going to be kind of controversial for me to say, the profit margin that our industry expects as a business owner has not changed so while we have had the compassion. they have not changed the formula for. profit and so we are on comparable now because no one's walking away from the profit. marvin i want to make 15 cents on every hamburger. so if i pay you 1750 an hour. then for me to make my 15 cents,

River. one of the reasons that i love coming to michigan's you see, you really beneficial ally's the strait between american canada. this is the boundary between american canada. one of the biggest trading zones between those two countries, through bridges and tunnels, and the ships that you will see coming in and out of here. this is really the economy in action. in fact, when you think about the auto industry here, it was the thing that built america's middle class. so when i come to michigan, i think about the economy. and this year's midterm election is just 17 days away. it will largely b...

Favorite cities in america it is just stunning to see this beautiful city as the sun rises. we are looking at it from belle isle, by the, way which is in the detroit river. this is the river that divides canada and the united states. michigan on the north, said ontario on the south side. right across the road, and you can get from one to the other either through a tunnel or a bridge. the mass bridge is one of the most important trading bridges on the entire continent. more vehicles and trade goes over that bridge than virtually anywhere else on the continent. as we have been talking, we are 17...

For coming to the comeback city, detroit. the city that put the world on wheels. >> that's right. and, lesson. one of the things that i want to talk to you about specifically of this conversation that i just had about inflation. i do not want to belittle anybody six experience with inflation. we are all feeling it. we are feeling it in their daily lives. it is real, but it has been transformed into something that republicans in particular running for congress are blaming joe biden and democrats for specifically when in fact there is no economic evidence or mathematical evidence or any other ki...

To single-handedly cause all of this global turmoil to. i am an economics guy. i am the first to criticize bad policies, and i get that the fed waited for too long to start raising rates but this republican criticism of democrats are high inflation does not add up. and by the way, not a single one of them has offered up a solution. and that inflation rejection act that somebody republicans say is the root cause of our economic problems, many of them have privately and publicly touted the funding from that very bill that they voted against that they incorrectly say caused this inflation. make t...