nobody is political correspondent, julia dudley, is at the green parties conference in causewell. a part of the room is governing coalition and i asked her if suspending the debt limits can solve germany's budget crisis as well. no, it won't be enough because of this measure that has been proposed today by the government is only meant to make sure that germany can use the borrow the money that it committed for the budget for this year for 2023. so basically for the next months, and then they still have a big budget hold that they have to try to feel for the budget for next year for 2024. and they're, they're still going to have to go into negotiations within the government to try and figure out how they are going to plug this very big code and they have. so what exactly does this mean? can the country spend money now wherever it sees fit, it doesn't seem like it from what you just explained. no, this is also the learning from this court ruling that was recently published. and that is the fact that came in through menus constitution and the rules about the limitations to borrowing.

dudley yesterday in julia coronado is onto something here.productivity or efficiency in america. how does this change the dialogue in your world if we see good in better productivity? mike: it sets us up for a different kind of monetary policy and the fact that we can afford to have the wage gains that we have been seeing. it is less of an inflation danger than the fed would think. this is two quarters where we have seen strong growth. normally when you see a productivity jump you are coming out of a recession where there are fewer workers having to do more work. but we have been hiring like crazy and there are lots of workers out there and they are able to produce more. is this the beginning of the ai trend like the 1990's was computers? a lot of questions about how long this can last a what this will mean going forward. >> how does this set us up for the job reports where nonfarm payrolls expect 180,000 jobs added after jobs being added the previous month. mike: we were all stunned by last month's numbers and i'm not sure we will get the sa