realistic outlook. the problem in the stock market this week really was these concerns about the u.s. consumer. over the long term, never count out the u.s. consumer. but we looked at walmart earnings and target earnings and you are starting to see where they are saying also other data that the wall street journal reported on the subprime borrower, the paycheck to paycheck consumer starting to show some signs of strain here? yeah, there is a bit of a bifur bifurcation. there are people doing fine, able to save money, you know, upper middle class. and they are still doing okay. they have a nice cushion of savings. and their house is worth a fortune. and their stock portfolios are not completely destroyed yet. and then you have people who don t even have stock savings who might not own homes for whom gas prices and the price of milk and things like that really do matter. and that is starting to cut into their budgets. there just is not money left over. and this week both walmart
blind trust. i think our message is simply, there is consensus around the basic fundamental principles that members of congress should be serving their stock portfolios, they should be serving that people. do you see, that, those are republicans, and democrats, the current rules around members of congress trading stocks are incredibly lax. in a very rare show of bipartisanship, several bills have been introduced to address this problem with sponsors on both sides of the aisle. last week i described the status quo as, quote, the fantasyland of insider trading, all you have to do is eventually report that you did it. that very quick tweet caught the attention of my next guess. with us tonight california congresswoman katie porter. congresswoman, it is always a pleasure to see you. over the last couple of years we have talked a lot about how legally there are ceos enriching themselves, hurting their employees, hurting their customers, how in certain cases
disparaging of america is very dangerous. number two, biden s top military officials are manifestly incompetent as they proved in afghanistan, and what s worse is putin knows this as well and he cares that they care more about being woke than about winning battles. so of course, he doesn t take us seriously as a military power. and finally, biden has repeatedly signaled that he s desperate to please folks in the western europe arena, especially germany. and since germany is relying on russia to stay warm in the winter, he knows he can get away with pretty much anything. now, we know that biden and his team are lying. they don t think democracy is really in peril. they aren t planning to move or sell their stock portfolios. they still vacation in places like florida every chance they get and they don t believe america is on the verge of a civil war or fascism. they just say these things for
that. his disparaging of america is very dangerous. top military officials are manifestly incompetent and what is worse is that he knows this as well and he cares that they care more about me and woke and winning battles. so of course he doesn t take us seriously as a military power and finally biden has repeatedly signaled that he is desperate to p please folks in the western europe reno especially germany. and since germany is reliant on russia, he knows that he can get away with her in. now we know that biden and his team are lying. they don t think democracy is really in peril. they are planning to move or sell their stock portfolios. they don t believe that america is on the verge of a civil war or fascism. they just say these things for
year. the numbers are stunning. there were 68.9 million employment separations last year and more than 47 million of those jobs were surrendered voluntarily, quit. millions of people have left the labor force altogether to take care of family, retire early, live off savings or to reassess their lives in covid. there are about 2.5 million people missing, missing from the u.s. workforce. about 800,000 of them retired early supported by rising home equity and stock portfolios. millions of the so-called job quitters didn t leave the workforce, they landed better jobs. millions of job hoppers snagging better jobs, wages, work conditions.