wellbeing thing. it s a of acting sensibly, the measures put in place in relation to south africa and so on do make sense, but then we have to understand what the risk is and then act according to the evidence as it exists so far as we know what the evidence is and what the best thing to do is at that time, but it will be a balance to be struck at that point between acting on a precautionary principle very, very early and causing other negative impacts or delaying a little bit until we know a bit more, and that isjust until we know a bit more, and that is just inevitable political decision that will be faced. white not the express puts at new covert variant is a threat to christmas. you can almost put the man and he expressed next to each other and set the at against each other and see who argues most convincingly. but you are right, in a sense, it is all about timing. i wonder if we shed in that case move on to the ft, which
now. all want to deal with it. david: vicki, go ahead and respond. i didn t well, i didn t use the word angry but i was talking specifically about confidence. and american businesses, big businesses are sitting on a lot of cash. that s a sign of a lack of confidence. they don t want to spend. consumer confidence is remarkably low. that s what i think this administration needs to address by saying, hey, we are not going to increase your tax burden. we are going to do things to decrease your tax burden. not that drunking sailor spending you are in favor of. quickly david, i beg your pardon. dave bernanke already said purchases of treasuries use confidence in the u.s. ability to control rates, you will see those bond rates turn on a dime. let s get off of bond rates for a second. the fact is the confidence, the american public does want some confidence that their government is going to start acting sensibly, not spending like drunken sailors. wouldn t that give us some confid