the economy and deciding not to act because of the timing of election day. that to me -- >> one thing really quickly. he just said that the economy is getting better. >> who did? >> mitt romney just said that. >> some would argue rightly that qe 3 is in fact an admission that obama's policies are not working. and republicans have evidence to back it up. qe 2 has not worked. qe 1 has not worked. i'll point you to an interesting argument made in the guardian. essentially qe 2 and the fed posturing was responsible for the 2010 gains by republicans. viewed from the perspective of challengers seeking office. the fed essentially spent the entire election season telling americans that it stood ready to buy whatever treasury debt the obama administration deficits would generate. a simplistic conclusion that the fed was aiding the