have significant recovery, we eot a strong headwind from the financial crisis in europe which affected really the world's recovery and not just the united states in a negative way throughout the summer. and we need targeted jobs policies that are going to help stand up to private sector and get the growth rate higher and get people back to work. that is what we need. >> chrisi'm going to get to ose in a second. i want to focus on the center piece of the economic debate and the political debate this fall which is likely to be the bush tax cuts. the president says that publicans want to hold the tax cuts for the middle class hostage until they get also the tax cuts for the so-called rich.ak but i want you to take a look at numbers that we put together. 50% of small business income and this comes from the tax policy center and joint committee on taxation, 50% of small business income would be hit by raising taxes on the