fa knee fannie, freddie. we could talk about it's what mervin talked about. why we had the huge savings glut. we save too little, spend too much. chinese, germans, you know, save too much, spend too little. those kinds of things. it wasn't that there weren't mistakes made by a lot of others. >> but there's no question that's true. and i talked earlier about the long-term economic trends that have been mounting for decades. the marginalization of a lot of middle class jobs you can't turn that back, and you don't want to turn that back. but you have to think forward and think about, what are the opportunities to create jobs that can support a middle class incomes? what happened was, people compensated for the loss of income by borrowing, and that was never a sustainable strategy. >> i agree with you. i think it is -- i think there's too much that democrats and republicans. when i talk to economists on both sides, they have the same symptom. they would treat it differently. but i think the question is, how you increase the competitiveness of our economy, the gro