and john makin is chief economisfor xton associates, a new york-based investment hedge fund, and a resident scholar at the american enterprise institute. >> john, i will start with you, what do you any of the president's latest moves to reach out to big business? >> i have very positive. you know, somebody once said i'm an economist. somebody once said an economy cyst somebody who won't take yes for an answer. look, the president i think had an epiphany on december 3rd when we saw that we still weren't create jobs. we had an unemployment rate of 9.8% and we really needed to get moving on this. so now we have the chief executive of general electric appointed as the head of the commission on jobs and competitiveness. so i think the president has got the message that it is really going to be necessary to do some things differently both in the area of regulatory tax and budget policy in order to get the economy moving and to generate some jobs. it is a good thing. >> robert reich, the emphasis on big business, how do you see it? >> well, certainly politically it is important for the president,