we have amanda sayegh is a senior treasure representative for the austin government here at the joint embassy in washington. rudy penner, former director of the congressional budget office now at the urban institute. larry lindsey, former director of the national economic council at the white house and former federal reserve governor now running the lindsay grew. paul sheard, chief global economist at standard & poor's, and tony fratto, a former assistant secretary at the treasure now runs hamilton place strategies. larry, i want to start off with you with a simple question. have the american people gained anything from having a debt ceiling? >> thank you. it's a pleasure to be are today, and i guess i got the first question because -- [inaudible] i think the answer is yes and they think it's important to take a look at history. in order to understand what that is. as a way of introduction, i just thought i would correct slightly something the secretary said about the shooting on the other foot, right? when the president was senator he voted against the debt ceiling, and said washingt

we have starting here amanda sayegh a treasure he represented the s.nment and the australian embassy in shinki in. rudy penner former director of the congressional budget office now there've been institute, larry lindsey former director of the national economic council of the white house and the former federal reserve governor now running the lindsey group. paul sheard chief economist at standard & poor's and tony fratto the former assistant secretary of the secretary of the treasury who runs hamilton play strategiestrategie s. larry i want to start off with you with a simple question. have the american people gained anything from having the debt ceiling? >> will thank you and it's a pleasure to be here today and i got the first question because i am the -- on the panel. i think the answer is yes and i think it's important to take a look at history in order to understand what that is. as a way of introduction i just thought i would correct slightly something the secretary said about the shoe being on the other foot. when the president was senator he vo