There's no question; programs like that play a role in adding to that momentum and perhaps in cushioning the downside when uncertainty was at its peak.
We think the main variable at work now is uncertainty. Companies that are putting their real money on the line want to be very sure that this upturn is for real and that the orders they see coming aren't going to fizzle six months after they make a new investment. Many of them downsized during the downturn, so the decision to re-expand is a pretty significant one. It takes real money to do, and of course it takes courage.
So because of the uncertainty it's taking longer than our models normally suggest, but we do think, as Mr. Macklem has said, that the pieces are all together for that.