the fourth quarter of 2018 and now this quarter is looking erin maybe 1 to 1.5% that's a slowed. . buts in a key point. injury the fed is just killing the economy right now. knows interest rate hikes that took place in september and december have just pulled the oxygen out of the economy. at a time by the way we had 4% growth no inflation the lowest unemployment rate. >> steve, steve. >> why raise rates when the economy is so good. >> corporate tax receipts down 20% as economic growth is coming down. it's just not the way you would learn in macroeconomics they tell me, the timing is not -- >> steve we can't be beating up on the fed when it's belatedly trying to get the interest rate above the inflation rate. wove had ten years of negative real interest rates. >> why would you raise rates when there is no inflation. >> i don't know what no inflation you are talking about the running average.