in the book i talk about fredrick boston who is the french economist talking about the scene and unscene. he said suppose a french farmer was going to irrigate this field and hire people to do this. before he can do that the french government comes along and takes the money from him, taxes the money he was going to use to hire the ditch diggers and they hire those same people to build a road. and everybody says look at the french government doing all of these things hiring people. the farmer didn't hire the people and now the farmer can't irrigate his field and his crops wither and everybody is worse off. you have to look at the unseen consequences and the seen of taxing a great deal of money in order to create stimulus jobs that can do more harm in the long run. >> host: that example is about raising taxes. you would say the same thing can happen from borrowing too much? >> guest: that is right. short-term borrowing the same way people need to borrow money. i am not a zero debt person as a rule. but i also believe that you could simply borrow yourself out of prosperity. >> host: you tal