. >> next on the panel is greg hipp. he is the u.s. economics editor for the economist. we covers financial and monetary policy commissions and financial services and greg will take all of the questions about how to create a proper banking system. and then last but certainly not least is jim mctague. kro correct me if i'm wrong, but i believe you have seen many administrations including bush one? >> since bush one. i was a stock broker former rill lynch in the 1980s and have been in the private sector as well. will you join me in welcoming them. [ applause ] i will be asking questions and then i will turn the microphone over to you. when your time comes, hold it close to your mouth, speak clearly, state your name and please make sure that you state your question and not as a statement, that would be great. so, the economy is getting harder to identify. we see culprits like gas prices, gdp and job growth, is there going to be a tipping point? >> yes, for three years in a row now, we have seen the economy start with strong job growth. we had a spike in oil prices, when it s