Mike Johanns actually said...

The next step at some point, when the economy is strong enough and ready, will be to begin to tighten policy, which means raising interest r...

As we look out to just next year, let us say, the next 12 months, we already have unemployment that has now gone over 10 percent.

I think we also recognize that, done wrong, this has some very, very serious consequences even for farmers in North Dakota or Nebraska.

I just want to make sure that in this hard case, we don't make bad law.