tom porcelli and adam posen with us.olitician just talked about, the idea that tax cuts lead to some form of economic growth at the margin. who is right? hasnd literal terms, asset a point because tax cuts will lead to short-term growth and some specific things they are doing will trickle down to the wage earners. some specific things will increase investment, temporarily. that is different from the point that you should not make claims that are outrageous. and the big macro point, if you try to stimulate too much growth when you are close to full employment, you end up with overheating. tom: that goes perfectly into tom porcelli's will house, the idea 4%, 3.8% unemployment rate, what does that do to your claimed wage model? do we get to 4% wage growth? >> i think that is aggressive. we think you can continue to list. -- lift. everyone likes to use a different measure of wages but if we use the plane hourly average earnings, and the times i hate, but let's keep it simple, you are easily pushing north of 3%, that is such