representative hinchey. >> thank you, mr. chairman.thank you very much for everything you're doing here. it's very interesting. i wanted to mention about unemployment and trade deficit. the u.s. economy has not been able to regain its footing since the near wall street collapse which came about in 2008. and it was initiated prior to that for a number of years. g.d.p. is low, unemployment remains stubbornly high, and we are still facing a significant foreclosure crisis across the country. you can respond to how much of a current economic situation is due to the large trade imbalance this country has with china and other countries? and also with the effect of the trade deficits which were put into effect i think in 2007, for the exportation of manufacturing jobs outside of this country into other countries, particularly to china. and also how do you anticipate the current euro zone crisis will affect our already struggling economy? >> as i indicated in an earlier question, i don't have a number on terms of jobs, for example. but i do thi