[applause] many thanks to senator jim dement who is truly a great american. we are blessed to have him. i am larry kudlow of cnbc. radio and weood have a distinguished panel. essentially, we will try to talk about ideas to promote economic growth, the application of free market principles to promote economic growth. there are a lot of angles to it, subheadings as well. i would say from my own standpoint, domestically, the greatest challenge to america in the next decade is to restore economic growth and to get us back to the post-world war ii trendline which is about 3.5% per year. we have fallen way behind that trendline. in the last two cycles. as much as $4 trillion behind that, maybe two trillion dollars at the low end. to do that, we need to create jobs. mobility, social families, and it stretches over a number of things, taxes, energy, all deregulation including obamacare, spending limits, the dollar and monetary policy plays an important role and trade plays a very important role. i notice senator elizabeth warren who is one of the cochairman of the sa