when they ended qe-1 and qe-2, stocks fell because the economy wasn't in a self-sustaining recovery. every data point will get that scrutiny between now and the end of the year. >> i'm going to ask both of you the question. stephen moore, what letter grade to you give the economy right now? >> you know, i would give it about a b-minus, but i'm optimistic about the future. when you take into account the fact that corporate balance sheets still look beautiful, american companies are lean mean fighting machines, low interest rates, the housing recovery, i'm optimistic we may see the b-minus turn into a p-plus. >> okay, jeff, your turn. >> i'm right there, too. a b-minus. the economy has held up well. one thing i would point out that maybe i graded on a curve, the government sector is fading. remember, government job growth is fading. government is a drag on gdp. minus one percent was the fact,