joe stiglitz spoke, "the price of inequality" and paul krugman's book, "end this depression now!" are part of your goodie bag tonight. therefore on behalf of them i will thank you for your peach image. but i think we should move her to the discussion. but start with paul. you talk about the title of your book, "end this depression now!." a lot of people don't believe we could end this depression now. what agency do human beans have two take on this challenge? >> i spent a fair amount of time looking back at the brick massively same kind of animal is the great depression. obviously not as bad as the great depression. not as bad as the great depression, the really pretty bad and recognize the same kind of thing. the technology is still there. human skills still there, but were not actually making use of them. if you go back to the 1930s, you find a lot of people make any argument that there were no easy answers, no quick fix and that is absurd to think you could quickly get out of this, absurd to think particularly of the need is an increase in government spending. this article is i

joe stiglitz discusses a month ago and we will continuing that in filming out for our web site. the gentleman who asked the question i would like to speak to you afterwards and get you an invitation to the next session which is george -- talking about member identity. >> as i look at the last decade i see the debt run up under the bush administration is a comparable amount under the obama administration. this seems to me to be a legacy of an extraordinary amount of. [inaudible] and yet we have a lot of economic problems and now our sovereign debt is roughly around gdp and this is the point in which at least in europe, investors have begun questioning it so i am curious in what way future funding would be posed as a solution to problems that the past was not and how can it be financed? >> sorry, i don't buy the premise first of all. [applause] look, we had a stimulus bill, which was about $800 billion. that is a very small part of the debt we have and none of the results of an economic stimulus so where's this coming from? the rest of it is, we have a large amount of debt or a la