that should be the focus here, with employment and so forth, they are the key we have to really encourage. john: what abou don't poi -- boo point? >> therere many examples in private sector where banks, companies i was a consultant for ibm they went 3 a difficult down size -- through a difficult down siding in 1990s they fired a quarter of their workers. a hundred thousand workers, like at ibm today, united states, same situation. if we adopt austerity, prudent austerit we can turn our country and blossom like we've never done before. john: bob, whe you say now is not the time, when is the time? >> the time is when the economy is healthy and the clinton era, and late 1990s, one time in recent history the budget as in surplus we were on track to have no national debt. and 2000, economists worried about how the fed will conduct monetary policy, whenave paid off national debt, i am not the sort of guy who says we should always have a deficit, this is not a time to tighten your bblt. you may agreee i don't think we should raise taxes. i don't think we should cut ending. john: we have a national debt now that is 1% aut of gdp does that scare yo