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In the position. congress made the ridiculous tax code they have to enforce. they're merely the accounting police. they have to sit in front of congress, and it' it's a mess. going to a flat tax doesn't make it simpler. >> sure it does. >> see, jonas does not want to get audited. he's the one supporter of the irs that we've got. what do you mean, not at fault? toby? >> i don't know what jonas is smoking today. if you look at the actual numbers, and whether you take the flat tax and bring it in over a time period, over a five-or ten-year period, gary is absolutely right. you talk about prosperi...

Also, the economy is a lot better here than it is in europe when you make that comparison. suzanne and michael. >> sorry. so what you're saying is there is substance, it's not just all hot air and optimism and sentiment and all of that. there are reasons for it being where it is? or are some people worried it could go south? >> exactly. well, i mean, it wouldn't be such a bad thing to see a little bit of a pullback because as i said, some traders get worried when all you see is up, up, up. so you actually see a lot of traders right now shorting the market right now waiting for that day for it ...

And so everybody benefit. >> whoa, whoa, how does the companies have more money to spend? >> they do stock offering as, borrow money. >> you can raise money as a start-up company knowing you can go public at a higher valuation later. >> no, i understand that. but it's not like they're doing these stock offering a, oh, my gosh, stock is up 25%. let's do another stock offering a. those are far and few between. i don't think there is much connection. >> they could go public and do a nasdaq 5,000 situation. >> i understand, that's the one exception. the internet bubble that created jobs and what h...

Of treasuries, mortgage backed securities. that's moving interest rates done and pushing investors to invest in stocks. and many believe that the stimulus is creating the wealth effect we're seeing in the market. jake? >> thank you so much. let's get the economic pulse. markets up? check. housing up? check. unemployment down? we'll give it a tentative check. jim, a positive jobs number. but when you dive into those numbers, 4 million people have been unemployed for six months or longer. this has been a slow recovery. why? >> it's been exceptionally slow and for a lot of reasons. first of all, ...

Reform, you will see them be more confident as a way to knock down health care employment, and these are not happening next. >> as long as we get to the politics, we're all tired with that. we'll get into it, weexchange. could we really hit 15,000? >> it's the nice round numbers, like 15,000 on the dow. 1,600 on the s & p, creates more momentum, the wealth effect we see in the market and in turn, some analysts say it will create confidence for the american public when they see the stock market go up this high. at the same time, to really reap the rewards of the market, you have to be invested ...