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For some reason everybody keeps asking if you feel better today than you did four years ago, and for many people the answer is pretty clear.
出于某种原因，每个人都在问你今天的感觉是否比四年前好，对很多人来说，答案是相当清楚的。
Prices for everything they are buying have stabilized but they haven't gone back down.
他们购买的所有东西的价格都已稳定下来，但并没有回落。
The average household is now making more than ever before but the median household is still worse off in real terms than they were in 2019, which means a lot of people are just falling further behind.
现在，普通家庭的收入比以往任何时候都多，但中位数家庭的实际收入仍比2019年更差，这意味着很多人的落后程度正在进一步加深。
That is they are falling further behind the small group of households pulling the average up, and they are falling further behind on their own personal finances.
也就是说，他们落后于拉高平均水平的一小部分家庭，而且他们的个人财务状况也落后了。
Household savings have been eliminated while credit card debt has climbed to its highest level in history.
家庭储蓄被耗尽，而信用卡债务已攀升至历史最高水平。
Housing is less affordable than ever especially for people who weren't lucky enough to lock in generationally low interest rates.
住房比以往任何时候都更难以负担，尤其是对于那些没有幸运地锁定世代低利率的人来说。
And the job market has been filled with automated systems endless interviews and rules that never really existed.
就业市场充斥着自动化系统、无休止的面试和从未真正存在过的规则。
Unemployment may be down but that data point completely ignores the millions of people who have simply given up.
失业率可能下降了，但这个数据点完全忽略了数百万已经放弃的人。
There are a lot of real problems hurting a lot of real people, and the worst possible thing you can do is tell them how great everything is and how grateful they should be.
有很多现实问题伤害了很多现实民众，而最糟糕的事情就是告诉他们一切都很好，他们应该心存感激。
We learned this morning that the economy has created 57,000 jobs just last month, more than half a million jobs in just the month of January, inflation at 2%, unemployment 4%, and the fastest growing economy in the G7 so far.
我们今天早上了解到，美国上个月创造了57000个就业岗位，仅1月份就创造了超过50万个就业岗位，通货膨胀率为2%，失业率为4%，是迄今为止七国集团中增长最快的经济体。
And we've done that while we've created on our watch 1 million jobs. all right, we got to talk about it.
我们做到了这一点，同时创造了100万个就业岗位。我们必须谈谈它。
2024 has been the biggest election year in history, with almost half of the world's population going to the polls to decide on who will represent them.
2024年是历史上最大的选举年，几乎一半的世界人口都会前往投票站决定谁将代表他们。
In the elections that were free and fair, the incumbents have overwhelmingly struggled to hold on to power, no matter what side of the political aisle they were on, a trend which of course continued last week here in America.
在自由和公平的选举中，无论在政治上属于哪一边，现任者都极难保住权力，这一趋势上周在美国延续。
It's possible that no matter how perfect they campaign and how perfect the messaging was, the reincarnation of George Washington himself could have lost his election if he was the incumbent candidate.
有可能，无论他们的竞选活动多么完美，信息传递多么完美，如果乔治·华盛顿本人是现任候选人，他也可能输掉选举。
The reason for this huge shift though across all of these countries is that yes people are angry.
然而，所有这些国家出现这种巨大转变的原因在于，人们确实很愤怒。
According to poll after poll in country after country, the number one reason why people want change is because they feel like they have been financially falling behind over the last political term. Now this might not be completely fair.
根据一个又一个国家的民意调查，人们想要改变的首要原因是他们觉得自己在上一个政治任期内经济落后。这可能并不完全公平。
Governments across the world have been quick to point out that employment is up, inflation is down, the stock market is at all-time highs, and we managed to avoid a recession while recovering from covid lockdowns.
世界各国政府迅速指出，就业率上升，通胀率下降，股市创历史新高，我们在从新冠疫情封锁中恢复的同时，设法避免了经济衰退。
The problem is these big picture figures haven't really mattered for a lot of people.
问题是，这些宏观数字对很多人来说并不重要。
Employment might be up but layoffs are dominating the new cycle and a lot of people who do lose their job are exiting the workforce entirely, making the figures look better than they really should be.
就业率可能上升，但裁员主导着新周期，许多失业的人完全退出了劳动力市场，使得这些数字看起来比实际要好。
The stock market might be at all-time highs, but stock ownership has become more concentrated than ever before. So this is only really good for the wealthiest households in the world.
股市可能创下历史新高，但股票所有权比以往任何时候都更加集中。这对世界上最富有的家庭来说真的是一件好事。
When there are no perfect candidates or even decent candidates, it's a lot easier to vote for the team that can at least acknowledge there is a problem.
当没有完美的候选人，甚至没有像样的候选人时，投票给至少能承认存在问题的团队要容易得多。
Now in come politicians hyping up their figures while downplaying the details is absolutely nothing new, but there are a few important reasons why it just isn't working anymore.
现在，政客们大肆渲染数字，淡化细节，这绝对不是什么新鲜事，但有几个重要的原因导致这种做法不再有效。
And no, it's not because the average voter has studied up on financial literacy. The first reason is that tragically they're actually have been some major wins for workers and consumers.
这不是因为普通选民已经学习了金融知识。第一个原因是，不幸的是，他们实际上为工人和消费者带来了一些重大胜利。
The only problem is that politicians aren't allowed to talk about it. In just the last four years, the Federal Trade Commission has swung its regulatory dick around more than it has in the last four decades.
唯一的问题是，政客们不被允许谈论它。仅在过去四年里，联邦贸易委员会的监管力度就比过去四十年还要大。
The banning of non agreements that stop workers looking for a better job, outlawing third-party apps that let landlords and businesses collude on prices through technology-driven middlemen,
非协议合同禁令阻止工人寻找更好的工作，取缔允许房东和企业通过技术驱动的中间人串通价格的第三方应用程序，
mandating a one-click cancellation on subscription services, and a much tighter grip on corporate consolidation and market power have been huge wins for the average American.
强制一键取消订阅服务，以及对企业整合和市场力量进行更严格的管控，这些对普通美国人而言都是巨大的胜利。
Being able to job hop for better pay and benefits can go a long way to improving household incomes and making businesses actually compete for your dollar
能够跳槽以获得更好的薪水和福利可以大大提高家庭收入，让企业真正竞争你的钱，
rather than just resorting to scummy sales tactics or monopolistic behaviour is a great way to make prices you know more competitive.
而不仅仅是诉诸卑鄙的销售策略或垄断行为，这是让价格更具竞争力的好方法。
The massive turnaround in administrative effectiveness has been largely thanks to the appointment of Lina Khan, someone who we have mentioned a lot on this channel.
行政效率的巨大转变很大程度上要归功于莉娜·可汗的任命，我们在这个频道上多次提到过她。
Because she seems to be the first FTC chair in the last 40 years who isn't just interested in lining up a partner position at a corporate law firm after their appointment is up.
因为她似乎是过去40年来第一位任命结束后不在公司律师事务所担任合伙人职位的联邦贸易委员会主席。
These little changes have had more of an impact on everyday people than they realize.
这些小变化对普通人的影响比他们意识到的要大。
Unlike adjusting interest rates, injecting trillions of dollars into the economy, or any other blunt macroeconomic instruments that overwhelmingly just benefit wealthy asset owners,
与调整利率、向经济注入数万亿美元或任何其他主要惠及富裕资产所有者的钝性宏观经济手段不同，
these smaller more liberate policies will actually help out regular people make more money and make that money go further.
这些规模较小、更为自由的政策实际上将帮助普通人赚更多的钱，并让这些钱发挥更大的作用。
The reason that Dems weren't screaming about these achievements through a megaphone throughout the entire campaign is because it hurts the feelings of one, particularly sensitive minority group, billionaires.
民主党在整个竞选过程中没有大肆宣扬这些成就的原因是，这伤害了一个特别敏感的少数群体——亿万富翁。
Wealthy asset owners on both sides of the aisle overwhelmingly hated the FTC actually doing their job. Political donors and media outlets on either side wanted her gone at any cost.
两党的富裕资产所有者都极度讨厌联邦贸易委员会履行职责。两党的政治捐助者和媒体都希望她不惜一切代价离开。
Unfortunately, the work of the FTC is boring and people won't know about it if they aren't told about it.
不幸的是，联邦贸易委员会的工作很无聊，如果不告诉人们，他们就不会知道。
And people weren't going to be told about it because both sides were hoping to quietly make it go away after the election. Trump is clearly going to fire her on day one as he appoints new staff.
人们不会被告知这件事，因为双方都希望在选举后悄悄地让它消失。特朗普显然会在任命新员工的第一天解雇她。
And dealmakers have made no secret of the fact that they are going to push through a lot of mergers and acquisitions over the next year that just wouldn't have been possible with a more active FTC.
交易员们毫不掩饰他们将在明年推动大量并购交易的事实，而如果联邦贸易委员会更加积极，这些交易根本不可能实现。
Unsurprisingly, corporate consolidation like this might be great for investors, but it's terrible for consumers and workers.
毫不奇怪，这样的企业合并对投资者来说可能是好事，但对消费者和工人来说却很糟糕。
Stopping this was a clear win that nobody wanted to take credit for and that's just the first reason.
阻止这种合并显然是一场胜利，但没有人愿意为此居功，这只是第一个原因。
