about this agreement. but his primary audience is actually going to be that undecided swing voter in the middle, and really try to sell it to that voter. right, and chris hayes, this is a strange thing for biden. is that the fundamentals of the economy are good, and yet people feel bad. and so he s constantly in this position of trying to sell reality to people who are sort of defying reality with their sort of feel, their sort of feelings about things. to lawrence s point, i was a little surprised, precisely for the reason you enunciated. okay, we nade it. like not a speech giving occasion, but i think what it s going to be, to your point, it s going to be about the biden economy. i do think, look, inflation has been bad for lots of people. it has eaten into real gains. people also had a higher level of personal disposable income and that s come down as the sort of recovery has happened, as that money has sort of been spent down. there s a lot of reasons people do feel u
and those republican voters don t know any different. and meanwhile, stephanie, we are sitting in on 3.7% unemployment rate. we are sitting at, essentially full employment, 339,000 jobs created in may which was well above expectations. the average hourly wage only went up 0.3%, up to $33.44 an hour. there are all these disconnects, right, telling people going out and work when we are essentially at full employment. people are working. we have more open jobs than we have unemployed people in america. because of the mismatch, either they are in the wrong place or have the wrong training. you hit the magic number there. 339,000 new jobs. stephanie, when we used to get 150,000 jobs in a month we would think that was, whoa, blowing the roof off. 339,000 and yet look at the small wage growth, there. the poor people are not causing the problem, they re not causing the inflation, they re
llcs and we are talking about capital gains from 15 to 25%. that will affect investment. we are talking about dividends from 15 to thirty four 33.44%. death tax to a 55% bracket and the minimum exemption from $5 million to $1 million. look at the farmers, especially in south florida. what will happen with the people trying to pass on their businesses? something we talked about before wecame on air, there are 20 new taxes in the health care law above and beyond the tax structure. we were looking at the irs has new rules for investment income on capital gains and dividends in the health care law. 3.8% surtax goes into effect for people who make more than $200,000. if you are married it s $250,000 jointly. you would be better off getting divorced. have you a real estate transaction, a financial transaction tax. you have this medical device tax. you have a 10% tanning tax.