we have a lot of room left to grow by the way. participation rate can go up two or three points. productivity can rise a lot and be there for a long time. it has been very low for a long time. working hours. that can rise a lot. what we saw in the jobs report as well, was a decline in the part time employment for economic reasons which is, you know, a bad sign. with that falling it is really great. it adds to average hours. all of these things are happening in the way i hoped they would. i hope they continue but i expect they will. paul: where do you see anything to worry about? are you worried at all about the stock market? >> of course. paul: are you worried about the fed raising interest rates? >> i'm not worried about the fed. i think the fed is doing right thing. we need market at clearing rate, not low rate. we had for last nine years yellen, bernanke low interest rates. no money flooding into the