education. they need a talented workforce if they're going to do this kind of thing. and hopefully the president understands that. why the tea party is off hoo hawing and reading the constitution and god knows what, i hope he is in there focusing on what really matters to people. >> i want to give you two examples and ask whether you think these are things that in today's environment would be supported because they would build our future. one would be pell grants to permit kids to go to college and the other the gi bill to permit returning veterans to go to college. i think those are the sorts of education subsidies that the president is going to be talking about. james, am i right about that? do these fit into what you support? >> listen, here is the deal. education, there is no doubt we need a reform in education. but that doesn't necessarily, eliot mean we need to invest a ton of more money in education. right now we spend more money per capita per student in the united states than most wealthy nations. but our education doesn't perform up to the level we should expect. the reform in education has much more to do with how much we spend. >> let me tell you something.