but we find it on compelling -- uncompelling. there's a lot of tightness and a stronger dollar. so those earnings will be less dollars. so it might be challenging going forward, there is a great eddie from the new york -- study from new york about which pressure -- wage pressure. those things make us nervous. so it has been unexciting, but it does not mean that the u.s. economy is falling over. the premiums that you pay there, versus everywhere else in the world, we are not sure it is. about thedudley spoke market earlier. >> from my perspective, at this moment, the decision to begin the normalization process at the september meeting seems less compelling to me than it was a few weeks ago. normalization could become more compelling by the time of the meeting. joe: george, you have been on sweater -- twitter, saying they should just do it. cab driver said that as well today. i tweeted from inspiration from bradford, who said go for it. there is so much about this economy that signals boom conditions. if you look at services, revenue, net percentage of companies in the richmond fe

you find it completely uncompelling. >> barring big changes in the data. we're looking at the data. increase in interest rates as being appropriate. i mean really through the course of 2015. the reason i say that if you lift off interest rates, what are people going to conclude? they're going to conclude the fed doesn't think it can hit 2%. you're going to start to see our credibility, people's beliefs start to slide. you're already seeing that in market data. this is reality. >> do you think the fed should go another step and do additional easing or quantitative easing or negative interest rates? >> the situation right now, given our inflation outlook, would call for consideration of those steps. >> what is it like to be on the fomc and single handedly hold this view? why is it other guys don't see the world the way you do? >> that you'll have to ask them about more than me. it's a great group of people to be with. i've been really inspired being part of the economy. it's a great colloquy because it's about the kinds of things we were talking about. >> a lot of people look at recen