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...final date for the end of the recession is determined, it will be shown that it occurred sometime in the spring of this year. But I don't believe the recovery will be very substantial, and therefore it's hard to say the worst is behind us. A lot will depend on how consumers behave. Consumers have been saving and not spending, and the absence of a big surge of this spending is what will prevent the recovery from being robust. In addition, in so many industries there is overcapacity. More firms are selling cars than there is a demand...
When you say limitations, do you mean the quality of health care won't be as good? The quality, the incentive to provide innovations in health care, will all be in danger by the government's intervention. A lot of people in Canada cannot get ordinary [surgical] procedures because there's a limit on what the government provision of health care allows. So people are lined up for years to get ordinary procedures that in America are just routine. You can get a hip replacement [here] without waiting for years, and you don't have to be a celebrity...
Should more steps be taken to stop the foreclosures? Or would it be better for the foreclosures to proceed? One of the things that can be done to make the housing market more stable is if something is done to limit the foreclosures. There's been a lot of rhetoric about helping mortgage holders who cannot maintain their monthly payments on the mortgage, but very little, in fact, has been done to help them. If they've really got a program now that will work, that will help to stabilize the housing industry, and that will improve chances...
...public benchmarks? They are fairly broad. The progress in governance, reduction in corruption. I think our job and my job is to have the best outcome I can for Afghanistan. So I think I am partnered with a lot of people - Karl Eikenberry, the ambassador - and you can't say, O.K., you are security, you are governance - that won't work. They overlap so much that you have got to be partnered. And down at the lowest levels where the captains and sergeants are operating, it's absolutely overlapped...
...review? I think it is going well. We didn't start from scratch. We are using previous assessments that were done last fall and winter. And so what we are doing is bringing in a lot of smart people and letting them do their business. It allows us to bring talent to focus. It gives me time to take a look and not make any decisions before their time. But I think it is going to validate some things we are doing and will shape our thinking. I don't think we are going to open the 60-day plan...