i think janette yellin got it right. i think economy reached the scape philosophy. the economic recovery or business cycle or expansion era, you tend to get a mid cycle slowdown. what is interesting about this is the economy appears to be accelerating when normally you would get some kind of slowdown. so i'm pretty optimistic on the economy and the american consumer. >> john growth is better than it has been. we've had a very good number the last couple of months. wage growth we're still waiting on. it's starting to show signs of gain but you think we'll see an acceleration there. why? >> i do. because i think the economist that steve liesman interviewed had it right. you're getting a tightening in the workforce in terms of the slack in the workforce. you did see wages pick up modestly this year. we think that's going to accelerate next year to what the economist was talking about, maybe 2.5% to 3% going into 2016. the drop in the price of gasoline according to ed high man, is the amount to putting $200 billion in increase purchasing power in the hands of american c