Suggests there is a need and demand for spectrum. And the other piece of conventional wisdom i think it is interesting to think about is the implications and we heard a a lot about concern spectrum being more valuable than others. It has to do with lower frequency spectrum and obviously there are circumstances where that is true. But in terms of the value of the spectrum at least superficially, this auction would suggest this higher frequency spectrum is gaining much higher bids than the last time the fcc auctioned offed lower frequency spectrum which doesnt prove there are not benefit benefits to lower frequency spectrum but shows you should not write off the broadbands. Host is there enough competition in the mobile telephone world . Guest i think it is very hard to say anything other than it is tremendously competitive. This is a market where you typically consumers have four providers they can chose from. Many have five providers. And it is very easy to switch carriers service prov
Is and we arent addressing it. So you take revenue up and discretionary and mandatory spending are falling as a percent of the economy over the longterm . It is yes. As you know. I think we are finding places on the mandatory side where we are reducing spending and i think i wanted to respond to your earlier point where we are stopping spending, with 4 4 million of reduction in medicare and medicaid and prop insurance and programs. [ overlapping speakers ] and on those entitlement and Social Security and debt you take it from increasing 105 , to increasing 99 over the next ten years. I mean obviously that is the issue. So Discretionary Spending goes down, on both sides, they say this is great. It doesnt have more Discretionary Spending. It has less. It has less. For both defense and nondefense. Health care entitlements do go from 105 to 99 . But it is 7. 8 of gdp now and rises to 8 and it is scary because it is unsustainable so were heading toward record high tax revenues and they go t
"They’re a godsend," said Bobbi Fox. "Most times we would just have to take a spit bath which is a wash rag and soap and a bucket or something..,It’s very nice
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