i appreciate -- [indiscernible] the majort, i think problem that exists is essentially the issue that productivity growth, pretty much across the spectrum of all economies, has been under 1% per year for the last five years. this is true in the oecd. it is true in the united states. i think our major problem as i create a, how do we gdp growth rate which enables us to get all the values we get out of growth without getting productivity? the gdp growth rate is essentially output per hour effectively times the expansion in the labor force. we have, as janet has correctly and accurately pointed out, our slack inr force, our employment is gradually dissipating. the unemployment rate is going to reach a level below which it cannot get realistically. with the come to grips issue of productivity, then we have no major advance in the future. i think the data that i see is that the productivity slowed down pretty much across the globe as a function of the fact that capital investment pretty much everywhere has slowed down to a significant extent and as a percent of gdp, has been dramatically l