You know, when you say that we're in a, when we're in a period of detox, you use that word on CNBC last week. Is that a euphemism for recession?

Not at all. It doesn't have to be because it'll depend on how quickly the baton gets handed off.

Our goal is to have a smooth transition. But I tell you, Sarah, the easy thing, the easy thing for us to have done would have been to come in and just keep this massive spending level going.

And it's unsustainable, but could we have kept it going for a year, two years, maybe even four?

Maybe, but you're risking a financial calamity.

So, you know, we are trying to get this tax bill done. We are the controlling

expenses. And when we get the tax bill done, so if you can change their trajectory, up revenues,

up economic growth, hold expenses flat, or do the unthinkable and cut expenses, then that's a pretty good trajectory

on growth. And if we go back to the model in the 90s, that's exactly what happened.

We'd see interest rates come down. We'd see the private sector take up the slack from the government.

Because right now, we have excess employment in the government and that

the of those people can be moved to the private sector as I told the Business Roundtable yesterday

as I tell your viewers what we're trying to do is create economic certainty we're going to do it

with the tax plan we're going to do it with deregulation. And I also said to the business round, I think it was 135 CEOs yesterday, if you came out

with a plan, similar to what Doge wants to do with the federal government, all your stocks

would go up 15 or 20 percent.

It would be considered a miraculous restructuring cost savings and put you on a sustainable

course. So I think we're not getting credit for this yet. I think we will.

This audience ought to be very proud because that individual is the Secretary of Treasury at the

exact moment that we need him as secretary

treasury because of this audience got came on here a couple of years ago started talking about

capital markets are talking about interest rates growth supply side cuts the debt issues with the

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