Taken, the fed policy, and on the other end of the street here congress has been engaging in more and more and more fiscal austerity. Is it fair to say that were kind of working across purposes here, you know, on one end were forcing real austere cuts, the economy is slowing while youre doing quan at this at this titi economy is slowing while youre doing quan at this at this titi . Its my thought that we might be able to slow down on quantitative easing if we werent forcing such austerity on the economy. Your thoughts . Well, i agree. I basically agree with your point. Madam chair, i dont think your microphone is on or you need to pull it closer please. Is that better . Yes. As an example over the last year, im sure during 2013, the cbo estimated that fiscal drag depressed growth by about a percentage point and a half, which is really a pretty significant significant drag on growth, and our policies have been trying to offset that, to boost the recovery so, yes, in that sense we have b
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