recessionary. why not extend them to next year? >> you are making a political argument of what is to come. i'm saying based on -- >> president obama has cut taxes. is that an argument? >> he has not cut taxes in a way that would be meaningful to the private sector and business owners. they are virtually unanimous on this point that the credit atmosphere, the tax atmosphere and the general regulatory atmosphere are all adverse to job creation and the growth of their businesses. they are all trying and do the best they can. when you said defending corporate america. juan, who do you think does the hiring? >> i'm all for corporate america. i'm a capitalist. >> well, that is good. >> there are times when you see excesses and when you see people acting in a greedy manner and they are not hiring because they are getting more productivity out of american workers. they are not looking out for the people unemployed. they aren't taking the risks and the bankers are not taking the risks in terms of credit. >> the bankers are not taking the risk which is a regrettable