for more let's go to economist and roosevelt institute senior fellow jeff madrick welcome back to thew. >> it's good to see. >> john: it's great to see you although under disconcerting circumstances. fdr's theme song was "happy days are here again." i would like to say with the record set for the dui we would like to say that happy day for most americans but that the knows the case. >> that's not the case yet. it seems more repulsive that this is going on. stocks rising, brokers doing great. banks are making lots of profits. corporations have lots of profits, and you're entirely right in your intro one big reason is wages are down. but the market often looks ahead. the market is by no means infallible. it's often fallible, but it also looks ahead. maybe something else is going on there. because housing is coming back, healthcare costs aren't rising so rapidly. it could be that if we could only get this austerity his at thisatthishiysterichysterics, if we could get that off of our back, the economy could come back. >> john: it's no huge secret that 99% is paying for the paying for the