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For states and private sector and local governments. the differential is going to be a lot of the incentives will be there for them to do it. there will other things. there would be a program to change the definition so it could go to other projects. the major area where money will be coming in, nobody believes it, it's not logical. the democrats won't admit it. this started with john kennedy. this was his program. you were too young to have been there. but you remember reading about it. he said at that time we need more money for the great society programs. he said the best way to increase re...
Kerry. he squeaked that one out even in the face of the higher interest rate move and moves that would follow. so is it possible that hillary clinton survives if she were the nominee or joe biden or bernie sanders or whomever in the face of that? >> yeah, well, i think the first thing we have to realize is that if we've kept these low interest rates, the economy has become addicted to these low interest rates. that in and of itself is a problem. so i believe that anybody who looks at this and looks at the prospect and the likelihood of interest rates rising is going to see that interest rates ...