Scott Bessent: “Common man index, and that was up 35 or 38%.”

“Real wages grew about 17%. So big, awesome purchasing power. But our friend Jason Trenner has something, I think it's called the Everyman index of the common man. Common man index, and that was up 35 or 38%. So that was a 15% decline, 16% decline in real purchasing power. And Americans felt that. And the price levels have gotten elevated.” (13:23–13:27)

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