Byron Donalds: “Wages adjusted for inflation is down, people's pocketbooks…”

“And I said in that committee it's gonna cause massive inflation. That's what happened. So the problem we have in our economy today is, is that prices have gone up massively. Wages adjusted for inflation is down, people's pocketbooks are hurting. But we have a presidential election of 40 days, so. And I'm gonna ask Envy this question. Envy, you're in the housing business as well. I know, cause I watched it.” (22:36–22:42)

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.