50th we're now 48 but we're making progress in the right direction. pension liability, i said this, raise the retirement age and eliminate colas for future employees, reduce them by 9%, an increased employee contribution. those are real hard reforms. it will take that $54 billion and in 30 years it will cut in it half. >> gregg: he says illinois businesses, come here on to new jersey. brenda butner, anchor of bulls and bears. all right. as everybody knows illinois is home to and everybody should know intimately the laffer curve. let's put it up on the screen. a familiar scene, ferris wasn't in class but based on it to explain the laffer curve.