let's get more on the market reaction and some of the things that john had to say with lee gallagher, assisting managing editor for "fortune" magazine. what is your perspective? >> i think john made a great point. that is leverage. leverage isn't something we've talked about since the days of 2008 which really caused the crisis, the fact we binged on this debt, both companies and individuals, but, you know, the hard truth is that this is a really rocky recovery and so this de-leveraging process is really going to take years. the consumer is about two-thirds of the economy. when you're talking about households readjusting to not having this drug, the home prices that are rising to fuel their spending that's going to a long-lasting impact on the economy. that's what this fear is in the market right now. it's the fear that our growth is going to slow. because for a while we thought we were in recovery and the coast was clear. >> politically everyone has their talking points but republicans including senator kaye bailey hutchinson of texas saying it's the uncertainty with the jobs creator