. >> and, navelgazing. >> there is a difference. >> they would be wrong to cut rates and china did and still does, and anticipating further cuts. ratioserve requirement say that this is a difference with reform and some think this is a desperate move to have a short-term stimulus. what is your view? is relief morning orange? or, is it -- and withis a target the rate cut, there is gross stabilizing. is veryral government intent on tearing out for the reform. equity reform and banking reform. they are not stopping that and that is good. what the leadership is trying to do is maintain a deeper level of gdp growth so that the reform to be undertaken and that, if that growth was to drop off, they would have difficulty undertaking structural reforms. know is a trade-off and we where they are and leadership. >> you said the difference is, youmonetary and -- need governments to put in structural reforms from china to the boj. to japan. >> absolutely. don't forget, the private sector has a lot to contribute and they invest in employment, factories, and of what men. -- and equipment. they need t

you believe you have the abilities in this other position to be a bulwark against this cautious navelgazing and to bring clarity to foreign policy in a way that would allow our nation to move ahead and show the leadership do you talk about in your opening comments? >> thank you, senator. you know, in my current job, my role has been to try to bring what we call the interagency together so that every voice is heard as we deliberate policy. if they know what these judgments to bear and then we try and lift up a recommendation to the cabinet, to the president. part of that is the deliberative process to make sure that everyone has heard and we factor everything and. if i move over to the state department if confirmed, my job among other things would be to advocate strongly for the position of the state department in this interagency deliberations. to do that and to try and move the process forward and to get decisions made. secretary kerry is someone who is, as you know, a very passionate and energetic participate in that process. we work very hard to deal with what is an extraordinary number