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Air. Please ask mr. Reid to not to be such an obstructionist and sit down and listen. Have a great day. Guest imitate a few days for that message out to get through from me. Theres a lot of concern about budget deficits. In the period after the downturn, budget deficits for in a range of 10 of the entire gdp, the entire economic output of the u. S. They have come down a little bit. Economists think to be sustainable, budget deficits have to be in the range of 3 of economic output or a lower. The focus of this effort to reduce deficits now is on getting them, in the federal budget deficit to the range of 3 or so. That is what i mean when i say policymakers are not trying to get rid of the budget deficits. Given the economic weakness, a little bit of deficit spending is probably not a terrible thing, at least in the eyes of some budget economists. I think there would be comfort in washington around 3 of gdp. Getting there is a big challenge. There are problems with medicare and
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