value and not to create more jobs. that's not the nature -- that's not the purpose of the private sector. so it'll be interesting to know what exactly is the art of this deal here. >> the other side of the coin is, is it a problem if businesses are making decisions not because of their climate or some kind of innovation but simply because they are afraid of the president? >> you do have to be careful. there's plenty of president for this. democrats of course are big fan of president kennedy who called in the head of steel industry and said, look, you've just raised prices and he pressured them and he is celebrated today for doing that. teddy roosevelt called in the heads of labor unions and business leaders to broker a solution to a coal strike i think it was in 1901 or '02. there's presidential precedent for this kind of thing. you do have to be careful about it. what's different. >> why do you say that? >> because you don't want the power of the federal government to just be willy-nilly loosed on