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economic model japan had in place for almost 25 years now. >> jamie: are you saying we won't be greece? >> i don't expect we'll be greece. we have the problem of washington writing hot checks and we have to have growth to pay those checks, but we have a $16 trillion economy. so i think the message i have for you today, the economic news probably isn't as bad as it reads when you look at it every day. >> jamie: we appreciate you weighing in on it. last question -- how long does a rally like that have to last in order to see the unemployment numbers change in the right direction? >> we're in a different environment right now. wince you have an economic event that lasts more than a year, which we had high unemployment number for more than a year, your comparison numbers reflect that. so as we look at economic data

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