michael hirsh has written about the "yellen agenda" for "national journal," and gillian tett writes onse matters for the "financial times." >> welcome to you both. michael, your first. we said janet yellen make it clear. she worries about unemployment. what more do we expect her to do as chairman of the fed about that? >> well, i think that the main thing is this has been the grand passion of her life and her career as an economist, if you look at what she has written. she comes out of an activist tradition of economic thinking, that is quite distinctive, i think, from the previous two fed chairman, alan greenspan and ben bernanke who were both conservative economists and i think based on her writings and things she said in her speeches going back more than a decade, we can expect to see her focus on the employment issue in a way that i don't think we have seen a federal reserve chairman do for a while. >> and she's in a position to make a difference? >> the important thing about federal reserve chair people, i guess we have to use that term now, is they have an influence that goes way