And so if you got taxed a whole, whole lot, are you going to put money into new equipment and expanding your clinic, or is it going to have to go to pay your taxes?

So, in effect, what it's doing to the economy is the government is making you less efficient as a business, and that redtape then adds to your cost of doing business, which then tends to dry up jobs.

You get into this whole thing, and if you looked at what we have talked about tonight, you kind of start tearing your hair out and wanting to go buy some real estate on a desert island somewhere to get away from this huge problem. But…

Congratulations. You look good up in the Chair there. We are going to have a chance to talk for just a few minutes about an interesting topic. It is something on the minds of Americans everywhere, and that is about jobs, about the deficit…

One of the things we always used to say, and to me, at least, it paints kind of a picture... we're passing them this tremendous debt. And we're the first generation that's really passing a worse America off to our kids than what we had…

Let's take a look at this problem because you've got all these entitlements. And this represents all the money that comes in in a year. Then things here are beyond. And yet we're thinking that you've got to do defense and you've got to…

But it may be that the people who were not--maybe people in their thirties or forties, you put a different kind of program together and may give them some alternatives: Choose this, this, or this. Those are the kinds of ideas we've got to…

Oh, boy. Well, we have another gentleman here, coming a little farther from the west, Congressman Bishop, who is joining us. He is also a guy who has had some experience in the business world, and also as a teacher and a leader here on the…

Just interrupting again, what you're really saying is that you can get more revenue in a State if you back off on taxes?

It is a treat to be able to join you and my colleagues today, and at the beginning of a new year, take on a subject that we have been aware of and increasingly conscious of, the problems relative to our economy, to jobs, but particularly…

As I recall, gentleman, at that time, weren't there people who said that income tax could possibly get as high as 5 percent and they were laughed off the floor of the Congress, that income taxes could get as high as 5 percent? Am I right…

Well, one of the things is we're going to reduce the nondefense discretionary spending to 2008 levels. Well, what's that worth? Well, that's a lot of money that you can save that way. We're going to reduce the budget office of every…