>> last time around Carter did the burn and Reagan got the growth and the credit, so the question is who wants to be Carter this time around. You are only the

>> last time around Carter did the burn and Reagan got the growth and the credit, so the question is who wants to be Carter this time around. You are only the second person to tell me this story. I'm not doubting it, the first guy said it to me over 15 years ago right before the bust as he was buying 6 percent treasuries. Probably the right time to do it would have been around 2000, the last time the government ran a surplus (last years of Clinton, first year of Bush jr.) but instead we heard: There's a surplus, we don't know why, but we don't think it will go away, so here have some money, and lets spend like crazy and have a war.