i want to bring in ken rogoff and teri savage back into the conversation. you say the impact of these cuts are being overdrama tied. explain. >> what we're doing is creating a drama to cover up for the fact that congress has totally abdicated responsibility. it's like the mother shouting i'm going to give you the count of three to come down, one, two, 2 1/2. come down here. this is really important. i'm start over. one, two. this is going to go on all spring. it's not just the sequester. then the president brings his budget to congress. we haven't had a real budget in four years. then the republicans have to bring their budget at the end of march. if we don't have a budget we'll have the threat of shutdown. then they'll pass a continuing resolution. then everybody goes on spring break ins with an. by the time they come back, the 7th of april, we're facing tax day where we will continue to pay and they will maybe or maybe not get paid if they can't come together with some kind of a deal. so, this is a drama that i think the american public is getting tired o