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>> at the time that was the right policy. different circumstance. >> government didn't run deficits, but boy was there policies to make sure households ran deficits. >> if you're talking about that, why is there not more political mobilization for full employment, well, there's a study where the gains from this recovery are coming, and this is the story, a huge percentage of the gains are going to the people at the top and the distributional story here, right, the top 7% are up 30% in what they are getting and all the other bottom 93% are down 4%. the distributional story are part of this. the...

They were also a time of tight budgets, where ended up running budget surpluses and people look back at that -- >> that was the thing that sprung the growth. >> at the time that was the right policy. different circumstance. >> government didn't run deficits, but boy was there policies to make sure households ran deficits. >> if you're talking about that, why is there not more political mobilization for full employment, well, there's a study where the gains from this recovery are coming, and this is the story, a huge percentage of the gains are going to the people at the top and the distributio...