you have more bargaining power. we had this briefly in the clinton administration, but prior to that we had it -- the only time we had it was way back in the age of aquarius, 1690, that we had full employment. i am wondering what you think about full employment as an issue and what you think about the idea of getting it below 4%? guest: that's exactly. you have really hit the issue squarely which is that the federal reserve -- remember we were talking about interest rates moment ago. one of the things they really is to see that kind of full employment. it is true. people had 1960's tons of jobs. you could quit my job and start the next job the next morning, because there was more work than people. because we had that postwar boom still going on. the united states was still pretty much -- all the cars