but bob kuttner said that austerity is like prison his new book. "debtors prison: the politics of austeritversus posibility." and he wants to cut. so bob i start with you, we haves there are assistant s there are the national debt. as we age, t baby boomers, are you saying we don't need to cut? >> this is a question about deficits in the context of a depressed economy. time to cut dicits is when the economy is in recovery as bill clinton did in 1990ss clinton got economy to surplus in context of high growth, you have a soft economy, that is a time to have defkit sit spending becae you need stimulus. john: mark, respond? >> what we're suffering from today is imprudent fiscal policy, what the government is doing with their irresponsible welfare payments with interfering with business and so forth. is keeping the private sector, which is the majority stakeholder that should be the focus here, with employment and so forth, they are the key. we have to really encourage. john: what abou don'to poi -- bo point? >> tre are many examples in private sector wh

the white house in the meantime the people who were right like jim hightower and bill greider and bob kuttner and others who made the warnings and put the yellow signs up and also said we've got to go in renewable energy and we've got to push peace is a strategy and we've got to have corporations subordinated to the sovereignty of the people they're marginalized they can't get on diane raymer they can't get out terry gross they can certainly get on charlie rose he you know he has tom friedman on eighty times and david sanger has been on a fifty five times and he has kissinger so i'm saying you know it's about time and i've had these columns over forty years a pretty good record predict predictions and a pretty good record in terms of what we proposed like auto safety up against a lot of opposition that turned out. right the same with environmental issues and other issues so i decided what the heck i'm going to just say told you so because a there's something d. cain about a political economy that rewards the people were wrong vicious cruel and self-serving and are against the basic principles