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It is important to speak to Jason Furman not only a former chairman of President Obama's

Council of Economic Advisors, but somebody who I think, what'd you do do did you take like three days off

between your public service and thinking about policy and writing about policy I

think there's about two but yeah but you went right back into it like nobody I've ever seen and in

that there's so much to write about and we just have to go right away to your

important essay in the Washington Post with Alan Krueger who joins us every jobs day.

Chair Yellen as well signing this essay that we need to look at the budget now and

not just entitlements. What does a more Republican tilt, what do they get wrong when they say we just got to solve entitlements?

Let's just look at the deficit, Tom, this year, 2018. The IMF just came out with a report

yesterday. The United States is the highest as a share of GDP deficit of any of the advanced economies. Number two is Italy. They're

1.9% to GDP better than us and Spain is number three. Look out ahead five years. The debt is rising as a share of the

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