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potential gdp is a concept to get your arms around because we don t know what the productivity growth is going to do in the future and not so much of the gdp growth but where can you push the unemployment rate safely. what kind of policy rules to use referring to this some put more weight on the output gap and others last. one of the reason is we get this uncertainty problems or to put you in the direction in that respect. [inaudible] we would have called for the funds. which other as far as prescription what you proposed as far as the prescription which the fed proposed into the communication [inaudible] september 17 the committee released a statement today i suppose the question is what has changed between the end of august and the 24th of september in so far as this stuff is concerned? thank you. a rule that i proposed ages ago i still like and it s one thing to think about. it s held up over time. it s worse in different countries. the attempts to modify it are great.
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