because of the baby boomers, was because we had an unusual explosion in the world s population growth rate. and that growth rate now has fallen off a cliff. so you say, and this is important, because all trump s budget calculations are based on at least 3% growth, if not more. you re saying it is simply almost mathematically unattainable because of this demographic reality? yes, because of the factors that productivity, you can try and increase through whatever you do. my point is even if productivity, you take it back up to the reagan era, which is 2%, the working population growth rate over the next few years is expected to be less than half a percent. so to get back above 3% you need a productivity of the kind which america has almost never seen. so i think that s the point. that yes, you can hope for miracles, but you can t plan on that. you can t base your forecast on that. final point, the one saving grace here, tell me if i m right or wrong, is the united states still take
into another conference room and there was a bit of pushing and shoving that was going on. cain s security staff was trying to get the press out of the candidate s way so he could give a statement to a group of conservative doctors. basically the questions that were being asked were fairly simple reporters were trying to ask cain whether or not he would call on the national restaurant association to release two women who have accused herman cain of sexual harass. of the nondisclosure agreements they reportedly signed in order to receive some financial settlements from that lobbying organization. cain did not answer that question. and i did have a chance to ask his chief of staff who was also at the event about that and he held up a phone to his ear and said this may be the call now. sort of an indication that those talks are ongoing but there was really no response from the candidate to these questions today. as you know, jim, one woman s attorney suggesting her confide
knows. frankly, i have no idea. let me interrupt you for a moment. where i come from and we re a nation of $300 million people, a lot of big city, somebody builds a house that big, everybody knows who s behind it. people gossip. they re curious. you can t keep secrets. i don t care who you are or how much money you have. it is absolutely impossible for me to believe that everybody in that town didn t know who was there. i m afraid this is not true. i mean, in pakistan, there are populations we have the highest population growth rate. the one thing that is happening is new areas coming up, buildings. where i live in outside islamabad, every day, new houses coming up. god only knows who lives in one p which houses. i don t know who lives in the neighboring houses. they re all coming up. all right, always a pleasure to chat with you, thank you so much. thank you. all right, maybe everybody didn t know, but it certainly is impossible to me their security